Kraken Technology Group - About the company
Kraken Technology Group is a series B company based in London (United Kingdom), founded in 2021 by Mal Crease. It operates as a Developer of autonomous maritime platforms for defense and commercial operations. Kraken Technology Group has raised $175M in funding from DTCP, with a current valuation of $1B. The company has 202 active competitors, including 36 funded and 10 that have exited. Its top competitors include companies like Quantum Systems, Anduril and EyeROV.
Sectors and market segments that Kraken Technology Group operate in
Kraken Technology Group serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of Kraken Technology Group are:Company Details
Manufacturer of autonomous unmanned surface vehicles and artificial intelligence maritime systems. These platforms support defense and commercial operations by providing capabilities for reconnaissance, force protection, and infrastructure monitoring. The technology enables persistent coverage and remote operation in complex maritime environments. Systems are engineered for speed, endurance, and reliability to support various mission requirements.
- Website
- www.krakentechnology.com/
- Social
- Email ID
- *****@krakentechnology.com
- Phone Number
- +44 **********
- Registered Address
- ZEETA HOUSE,200 UPPER RICHMOND ROAD,PUTNEY,LONDON,UNITED KINGDOM,SW15 2SH
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Series B
Total Funding
$175M in 2 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jul 09, 2026
Ranked
10th among 202 active competitors
Employee Count
155 as on Sep 30, 2026
Legal entities associated with Kraken Technology Group
Kraken Technology Group is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KRAKEN TECHNOLOGY GROUP LIMITED CIN: 13099283 , United Kingdom, Active | Dec 23, 2020 | - | - |
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Kraken Technology Group's funding and investors
Kraken Technology Group has raised a total funding of $175M over 2 rounds. Its first funding round was on Apr 19, 2022. Its latest funding round was a Series B round on Jul 09, 2026 for $175M. 13 investors participated in its latest round. Kraken Technology Group has 15 institutional investors.
Here is the list of recent funding rounds of Kraken Technology Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 09, 2026 | $175M | Series B | - | - | ||
Apr 19, 2022 | Undisclosed | Seed | - | - | - | - |
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Kraken Technology Group's founders and board of directors
Founder? Claim ProfileThe founders of Kraken Technology Group is Mal Crease. Mal Crease is the CEO of Kraken Technology Group.
Here are the details of Kraken Technology Group's key team members:
- Mal Crease: Founder & CEO of Kraken Technology Group.
View details of Kraken Technology Group's Founder profiles and Board Members
Kraken Technology Group's employee count trend
Kraken Technology Group has 155 employees as of Sep 26. Here is Kraken Technology Group's employee count trend over the years:
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Kraken Technology Group's Competitors and alternates
Top competitors of Kraken Technology Group include Quantum Systems, Anduril and EyeROV. Here is the list of Top 10 competitors of Kraken Technology Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Quantum Systems 2015, Gilching (Germany), Series D | AI-powered aerial intelligence and reconnaissance systems | $1.82B | 78/100 | |
2nd |  Anduril 2017, Costa Mesa (United States), Series H | Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains | $11.3B | 75/100 | |
3rd | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 67/100 | ||
4th |  Saronic 2022, Austin (United States), Series D | Developer of autonomous surface vessels for naval and maritime forces | $2.58B | 67/100 | |
5th |  Saildrone 2012, Alameda (United States), Series C | Developer of autonomous unmanned surface vehicle | $325M | 64/100 | |
6th |  Sagar Defence Engineering 2015, Pune (India), Series B | Manufacturer of a quadcopter drone for multiple civilian and military applications | $48.2M | 63/100 | |
7th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 61/100 | |
8th | Provider of AI-based unmanned robots for cleaning marine litter waste | $1.75M | 60/100 | ||
9th |  Unique Group 1993, Sharjah (United Arab Emirates), Funding Raised | Provider of industrial equipment rental services | - | 60/100 | |
10th | Kraken Technology Group 2021, London (United Kingdom), Series B | Developer of autonomous maritime platforms for defense and commercial operations | $175M | 58/100 |
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Kraken Technology Group's Investments and acquisitions
Kraken Technology Group has made no investments or acquisitions yet.
Reports related to Kraken Technology Group
Here is the latest report on Kraken Technology Group's sector:
News related to Kraken Technology Group
Filter this listMedia has covered Kraken Technology Group for a total of 6 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
•
Saab UK and Kraken Collaborate on Autonomous 'Drone Seeker' VesselCision•Oct 05, 2026•Kraken Robotics, Saab, Kraken Technology Group, Kraken
•
Davie Launches Ontario-Based Company for Autonomous Maritime VehiclesCanadian Metalworking•Aug 18, 2026•Kraken Technology Group, Bloom Holding
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Kraken Technology Raises $175 Million Series B Funding for Autonomous VesselsThe Robot Report•Jul 27, 2026•Kraken Technology Group
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Kraken Technology Group Secures €152.9M Series B, Becomes Maritime Defence UnicornEU-Startups•Jul 10, 2026•NIF, Kraken Technology Group, SmartCap, Speedinvest and 8 others
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Kraken Technology Group and NVL Group Form Joint Venture for Uncrewed Maritime PlatformsGlobal Legal Chronicle•Apr 29, 2026•Nvl, Kraken Technology Group
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Lynda Osborne deepens Rennie's IT strategy offering in energy sectorConsultancy.com.au•Feb 20, 2025•https://www.rennie.co.uk/, Kraken Technology Group
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Kraken Technology opens clean technology hub in ManchesterBusinessGreen•Jul 11, 2024•Kraken Technology Group
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BlueHalo and Kraken Partner to Advance Autonomous Maritime OperationsPR Newswire•May 03, 2024•Blue Halo, Kraken Technology Group
•
Kraken and Auterion Formalize Partnership to Boost Autonomous Capabilities in Security Boat SectorPRWeb•Mar 28, 2024•Kraken Technology Group, Auterion
•
KRAKEN partners with Cosworth for Advanced Battery SolutionsNaval News•Jul 27, 2023•Kraken Technology Group, Cosworth
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