HavocAI Adds $85 Million in New Capital to Scale Autonomy Capabilities

HavocAI, a developer of maritime autonomous systems, has secured $85 million in new capital.

The funding comes from new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners, along with continued support from Scout Ventures and Outlander Ventures in addition to other early funders.

The funding round, completed at a significant valuation increase, brings HavocAI's total funding to nearly $100 million – an unprecedented achievement for a maritime autonomy company in its first year and a half of operations.

The capital injection positions HavocAI to accelerate the scaling of its proven autonomous maritime platforms, ensure long-term operational resilience, and demonstrate the financial stability that government customers require from emerging defense technology partners. All the recent investors are mission-aligned partners who bring not only capital but critical geographic and technological collaborations that multiply HavocAI's capabilities.

The funding will directly support multiple strategic initiatives, including the following primary missions:

Additional Vessel Integration: Beyond HavocAI's current fleet of 14', 38', 42', and 100' vessels, funding will enable integration onto entirely new vessel types and sizes, increasing the capability and interoperability of platforms leveraging HavocAI's technology.

Supporting Increased Demand: Funding will enable HavocAI to increase manufacturing capacity to meet the U.S. military's demand signal to build thousands of autonomous boats that can be used immediately.

Aiding Allies & Partners: Funding will increase HavocAI's ability to operate in non-US areas of responsibility and provide additional direct support to our international allies and partners, especially in the Indo-Pacific.

"This funding represents far more than just capital – it has enabled us to cut through the noise about maritime autonomy and build a collaborative autonomy stack that actually works in a very short time," said Paul Lwin, CEO and co-founder of HavocAI. "We've put two new boats in the water this year, and we're going to add two more before the year is over, including our 100' Atlas multi-mission vessel. Our swarming autonomy accomplishes priority missions today, not at an unknown point in the future. This technology is needed right now."

HavocAI has pursued a software-first strategy, reasoning that there is enough shipbuilding capacity to serve military and commercial needs if superior autonomy creates heterogeneous, self-organizing fleets in which hundreds or potentially thousands of vessels can be tasked by a single operator. The company has consistently demonstrated working autonomy on its vessels and several made by other builders.