Kraken x Capewell

British defense technology company developing uncrewed surface vessels (USVs) and autonomous maritime platforms for naval and security applications. Founded by Mal Crease in 2020, Kraken builds a line of dual-use autonomous boats — the K3 Scout, K4 Manta, and K5 Kraken — that can be configured for surveillance, logistics, anti-submarine warfare, and precision strike missions. Raised $175M Series B at $1B valuation in July 2026, achieving unicorn status. The company builds through manufacturing partnerships with [Rheinmetall](/companies/rheinmetall), [Anduril](/companies/anduril-industries), and Inocea's Davie Shipbuilding rather than operating its own shipyards.