HavocAI Raises $85M Growth Round Led by Strategic and VC Backers

Deal Summary

HavocAI, a Providence, RI-based developer of maritime autonomous systems, raised $85M in a growth-stage funding round that significantly increased its valuation and brought total capital raised to nearly $100M. New investors included B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, Zero Infinity Partners, Scout Ventures and Outlander Ventures.