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Vatn Systems

Vatn Systems

Private
Portsmouth, Rhode IslandFrontier & Industrial Techhttps://www.vatn.com/

Last Round

Series A

Dec 10, 2025

Total Funding Raised

$76.5M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Vatn Systems is a defense technology company that designs and manufactures affordable, modular autonomous underwater vehicles for military and commercial applications.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Maritime & Shipping, Drones & UAVs, Industrial Robotics, Sensors

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales

AI Layer

Application

Keywords

autonomous underwater vehiclesAUVdefense techunmanned maritime systemsUMSautonomous defensemaritime autonomyunderwater roboticsswarm roboticsmission planning softwaresensor fusionGPS-denied navigationdefense contractorATAK pluginsother transaction agreementsOTA

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Vatn Systems Comps

Public and private peers based on sector, stage, and business model.

Vatn Systems comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Vatn Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ADec 10, 2025
SeedNov 12, 2024

Key People

Founding team and executive leadership

Frederick Mills

Chief Operating Officer

Executive Team

Vatn Systems Investors

Notable investors and investment history

Vatn Systems investors
InvestorRounds
Geodesic CapitalSeries A
Fortitude VenturesSeed
BeyondCapitalSeed
SAIC VenturesSeed, Series A
Lockheed Martin VenturesSeed, Series A
Blue CollectiveSeed
Dyne VenturesSeries A, Seed

Market signals

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  • Mar 24, 2026

    Named to Fast Company's Most Innovative Companies list for 2026.

  • Jan 7, 2026

    Steve Bordonaro joins as Chief Engineer for Systems.

Vatn Systems Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Vatn Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPortsmouth, Rhode Island
Employee Range86
Year Founded2023
Last FundingDec 10, 2025

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