Autonomous shipmaker Saronic hits $9.25b valuation in latest funding round

Dino Mavrookas, co-founder and CEO of Saronic, said that US shipbuilding ability has steadily declined over decades and that the company is tackling this challenge with a new model to deliver autonomous vessels.

"The new capital will accelerate Saronic's ability to bring that model to life, generate entirely new classes of autonomous ships and maritime capabilities, and scale US shipbuilding capacity on a timeline not seen since World War II," he said.

The latest round more than doubles Saronic's valuation from its February 2025 fundraise, when it raised $600 million at a $4 billion valuation.