HavocAI, a leading innovator in autonomous uncrewed surface vessel technology, announced the successful closing of a $11 million Seed round of funding. Scout Ventures led the round, which was co-led by Trousdale Ventures. Other participants included Outlander VC, The Veteran Fund, BV.VC, Decisive Point, Alumni Ventures, and New North Ventures.
This deal will fuel HavocAI’s mission to enable ultra-low-cost autonomous surface vessels to operate at an unprecedented scale across defense and commercial markets.
HavocAI is creating the technology needed to allow a single operator to command and control thousands of unmanned assets. And the company’s platform is designed to provide significant cost efficiencies, operational reliability, and scalable solutions for a wide range of applications, from defense missions to commercial ventures.
This latest funding round will enable HavocAI to expand its production capacity, enhance product development, and accelerate customer acquisition, ensuring that the company remains at the forefront of autonomous uncrewed vessel technology.
KEY QUOTES:
“We are thrilled to have such a distinguished group of investors who deeply understand our vision and are committed to supporting us on this journey. This capital allows us to scale our production capabilities and grow our team to meet the increasing demand from both our existing and new customers.”
-Paul Lwin, CEO of HavocAI
“We’re excited to support HavocAI as they continue to push the boundaries of what’s possible in USV technology. Their technology has the potential to dramatically transform the industry, and we look forward to seeing the impact they’ll make.”
-Brad Harrison, Managing Partner, at Scout Ventures
