The Canadian AI Index

Companies / Kraken Robotics

Kraken Robotics

Defence and underwater robotics; acquired Covelya ($615M).

krakenrobotics.com
Founded
2012
HQ
St. John's, NL
Category
Defence/Security AI
Status
Active
Disclosed raised
C$186.9M

Funding history

RoundDateAmountInvestors
UndisclosedJun 17, 2025 C$115MUndisclosed. Bought deal public offering; announced Jun 17 2025 at C$100.0M (37,600,000 shares at C$2.66); closed Jul 7 2025 at C$115,018,400 with the over-allotment option fully exercised
UndisclosedOct 22, 2024 C$51.8MUndisclosed. Bought deal short-form prospectus offering; announced Oct 1 2024 at C$25M (15,625,000 shares at C$1.60), upsized Oct 2 to C$45M, closed Oct 22 2024 at C$51,750,000 with the over-allotment fully exercised (32,343,750 shares)
UndisclosedMay 21, 2024 C$20.1MUndisclosed. Bought deal short-form prospectus offering announced Apr 25 2024 at C$17.5M (18,422,000 shares at C$0.95), closed May 21 2024 at C$20,126,035 gross for 21,185,300 shares with the over-allotment fully exercised

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Data as of September 26, 2026. Suggest a correction