Funding round
Saronic Technologies Series D
Saronic Technologies, which works in autonomous surface vessel manufacturing in Austin, raised $1.75B in a Series D round announced on 31 Mar 2026, led by Kleiner Perkins, at a $9.25B post-money valuation. 10 firms took part. It is Saronic Technologies' fifth venture round on record; the one before was a Series C in Feb 2025.
$1.75B
Amount raised
$9.25B
Post-money valuation
10
Investors
1 lead
2.3x
Step-up from the Series C
$4.00B in Feb 2025
19%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Saronic Technologies at $9.25B after the new money, 2.3 times the $4.00B of its Series C (Feb 2025). The $1.75B bought investors about 19% of the company. It came 13 months after Saronic Technologies' Series C. It is 68% of the $2.58B Saronic Technologies has raised in the venture rounds on record. No later venture round is on record for Saronic Technologies.
Saronic Technologies' funding rounds
Saronic Technologies has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Kleiner Perkins led the round with 9 other firms.
Lead investor
- Kleiner Perkins backs 285 venture-backed companies new investor
Also in the round
- Advent International backs 36 venture-backed companies new investor
- Bessemer Venture Partners backs 412 venture-backed companies new investor
- DFJ Growth backs 51 venture-backed companies new investor
- BAM Elevate new investor
- 8VC new investor
- Caffeinated backs 79 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
- Elad Gil new investor
- Franklin Templeton new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
16 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $405M, and this round was 4.3 times the median. The closest in time, other companies' Series D rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| True Anomaly Aerospace and Defence | 28 Apr 2026 | $650M | $2.20B | Eclipse and Riot Ventures |
| Aerospace and Defence | 22 Jan 2026 | $53M | not disclosed | Azimut Group |
| Aerospace and Defence | 20 Jan 2026 | undisclosed | not disclosed | not named |
| Impulse Space Aerospace and Defence | 2 Jun 2026 | $500M | $4.26B | 137 Ventures and Banner VC |
| Isar Aerospace Aerospace and Defence | 9 Jun 2026 | $310M | $2.30B | not named |
| Aerospace and Defence | 19 Jun 2026 | $195M | not disclosed | not named |
| Quantum Systems Aerospace and Defence | 2 Jul 2026 | $1.20B | $8.00B | Blackstone and Noteus |
| CHAOS Industries Aerospace and Defence | 13 Nov 2025 | $510M | $4.50B | Valor |
Sources
Where this comes from
Reported by 13 sources.
Questions
Frequently asked
How much did Saronic Technologies raise in its Series D round?
Saronic Technologies raised $1.75B in its Series D round, announced in Mar 2026.
Who led Saronic Technologies' Series D round?
Kleiner Perkins led it, with Advent International, Bessemer Venture Partners, DFJ Growth, BAM Elevate and 8VC and 4 more.
What was Saronic Technologies' valuation at the Series D round?
$9.25B post-money.
How does it compare with other Series D rounds in Aerospace and Defence?
16 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $405M, and this round was 4.3 times the median.