> ## Content Index
> Fetch the complete content index at: https://sovereigntymonitor.eu/llms.txt
> Use this file to discover other available public pages before exploring further.

# UK's Kraken Technology raises USD 175 million Series B led by Germany's DTCP
- URL: https://sovereigntymonitor.eu/news/2026-07-09-kraken-technology-series-b/
- Published: 2026-07-09T12:00:00.000Z
- Updated: 2026-09-01T10:50:04.000Z
- Description: UK maritime defence firm Kraken Technology Group closed a USD 175 million Series B at a USD 1 billion valuation, led by Hamburg's DTCP Defence with Britain's state-owned British Business Bank, NSSIF and the NATO Innovation Fund.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Defence and space, #news, #verified

Verified [Kraken Technology Group press release, 9 July 2026](https://krakentechnology.com/articles/kraken-technology-group-raises-160m-at-1bn-valuation?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish government ownership of Kraken, only that its backers are European and NATO-aligned funds.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. Already-European firm, round backed by European/NATO funds; no question moves. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)