Big round · 4 August 2026

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Kraken Technology raises $175M Series B led by DTCP

By Millionrounds ResearchPublished 16 September 2026

Kraken Technology, based in United Kingdom, has raised $175M in a Series B led by DTCP, announced on 4 August 2026. 13 other investors joined. It is the 263rd largest equity round we recorded in the twelve months to that date, and the 38th largest Series B of 383. The median Series B over the same period was $50M, so this one is 3.5 times that. Its previous round on record was a Series A of $2.6M in October 2024, 21 months earlier.

Raised$175M2 sources reported it
StageSeries B1 earlier round on record
Investors141 named as lead
Where GBUnited Kingdom

Defence TechLogisticsRobotics

How big is it?

Against every equity round we recorded in the twelve months to 4 August 2026. Ranks count companies, so the same raise reported twice is counted once.

#263equity round of the last twelve months
#38Series B of 383 in that time
#16round in United Kingdom, of 304
This round$175M
Median Series B$50M

3.5 times the median Series B of the last twelve months.

Who invested

Also in the round

Funding history

  1. August 2026Series B$175M
  2. October 2024Series A$2.6M

$178M raised across the 2 rounds we hold.

Reported by

  1. Boka Capital9 July
  2. Ventureburn10 July

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Firmus Technologies$2.0B GrowthLumilens$700M Series CHadrian$1.4B GrowthMoove$250M Series CICEYE$1.2B Series FHappyRobot$150M Series C
The companyKraken Technology on Millionrounds→Weekly roundupWeek of 3 August→Monthly roundupAugust 2026→