Austin-based Saronic, which is developing autonomous military boats, raised a $175M Series B led by a16z at a $1B+ valuation, taking its total funding to ~$245M (David Jeans/Forbes)

David Jeans / Forbes:
Austin-based Saronic, which is developing autonomous military boats, raised a $175M Series B led by a16z at a $1B+ valuation, taking its total funding to ~$245M  —  Austin-based Saronic, which launched in 2022, is raising $175 million to help it build a fleet of autonomous defense vessels.