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Saronic raises $600M to mass-produce autonomous warships
Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced.
Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion from its last round. Saronic isn’t the only defense tech darling with big manufacturing ambitions: Anduril, for example, announced plans to build a billion-dollar megafactory in Ohio last month. Saronic’s raise is the latest sign that defense tech continues to hit new highs in Silicon Valley, buoyed by similar monster rounds.
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