VATN raises $60m Series A to scale underwater vehicle production
BVVC leads funding for team growth, research and manufacturing at the Rhode Island company.
VATN, which announced the financing as Vatn Systems, disclosed a $60 million Series A on December 10, 2025, led by BVVC. The round brought total funding to $76.5 million.
Participants included Geodesic Capital, Airbus Ventures, Dauntless Ventures, Trousdale Ventures, Veteran Ventures Capital’s VVC Fund II and returning investors. The company will use the funding to expand its team, accelerate research and development, and increase manufacturing capacity.
VATN builds modular autonomous underwater vehicles for military and commercial customers. Its approach combines onboard navigation, configurable platforms and repeatable production to meet demand for systems that can operate in challenging marine environments.
Use of funds
Expand team, research and development, and manufacturing