UK's Kraken Technology raises USD 175 million Series B led by Germany's DTCP
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.
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