Saronic Raises $600M Series C to Take on Autonomous Shipbuilding

Texas-based Saronic Technologies has announced it has closed $600m of funding for its Series C round to advance its mission of redefining maritime superiority for the United States and its allies. The round was led by Elad Gil and values the company at $4bn. This most recent round quadrupled Saronic’s valuation just seven months after the company hit unicorn status in July…