Austin-Based Defense Startup Saronic Raises $600M for Autonomous Ship Factory
Austin-based defense startup Saronic has raised $600 million in its Series C funding round, valuing the company at $4 billion. The new valuation quadruples its previous valuation from its last round. Investor Elad Gil led the round, with General Catalyst joining existing investors Andreessen Horowitz, 8VC, and Caffeinated Capital. Saronic plans to build an autonomous … Read more