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Providence-based maritime autonomy company HavocAI has raised $85 million in new capital to scale its autonomous vessel technology.
The round includes new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners, alongside continued support from Scout Ventures, Outlander Ventures, and other early funders.
The raise brings HavocAI’s total funding to nearly $100 million—an unprecedented milestone for a maritime autonomy startup in its first 18 months of operations.
The new funding will accelerate the scaling of HavocAI’s autonomous maritime platforms, strengthen operational resilience, and demonstrate the financial stability required by government and defense customers.
The capital will be used to expand vessel integration beyond HavocAI’s existing fleet of 14’, 38’, 42’, and 100’ boats; increase manufacturing capacity to meet rising demand from the U.S. military; and enhance support for allied partners, particularly in the Indo-Pacific region.
“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.”
Read more: Swedish Deeptech company Zparq secures €5.5 million in EU funding
HavocAI has focused on developing a software-first autonomy system designed to enable heterogeneous fleets that can operate cohesively across vessel types and manufacturers. The company has demonstrated successful autonomy across both its own and third-party vessels.
“HavocAI represents exactly the kind of company we look for – one that combines cutting-edge technology with the proven ability to sell and execute,” said Howard Morgan, Chairman and General Partner at B Capital.
“HavocAI is actually delivering working solutions that solve real operational challenges. Their ability to demonstrate functional autonomous systems at scale sets them apart as the clear market leader in this critical technology area.”
The round reflects growing international recognition of HavocAI’s role in advancing maritime security and deterrence. The participation of Indo-Pacific investors highlights the increasing demand for autonomous capabilities to strengthen regional stability.
“Our investment reflects our belief that HavocAI is making real, measurable contributions to regional stability through technological superiority,” said David Weng, General Partner at Taiwania. “Going forward, one of our goals is to bring HavocAI to collaborate with local partners here in Taiwan.”
