Government of Canada (Strategic Innovation Fund) is a sovereign wealth / government fund based in Canada. Government of Canada (Strategic Innovation Fund) has deployed $30M in robotics investments. Its humanoid robotics portfolio includes Kraken, Sanctuary AI. Focus areas include Canadian innovation, deep tech, cleantech.
Round size: $175M
Round size: $30M
Government of Canada (Strategic Innovation Fund) is a sovereign wealth / government fund based in Canada. Government of Canada (Strategic Innovation Fund) has deployed $30M in robotics investments. Its humanoid robotics portfolio includes Kraken, Sanctuary AI. Focus areas include Canadian innovation, deep tech, cleantech.
Government to Distribute 200,000 Robots by 2030, Designating Robot-Specialized Complexes
Neros Technologies raised $250 million in Series C funding, reaching a $2.5 billion valuation, to accelerate development and production of its defense drones including Archer AI and Bandit interceptor. Founded in 2023, the company has contracts with the U.S. Army, Marine Corps, Special Operations Command, and allied countries, with plans to deploy the new platforms in combat theaters by end of 2026.
Kraken Technology Group raised $175 million in Series B funding led by DTCP, reaching a $1 billion valuation. The U.K.-based company, founded in 2020, develops modular autonomous maritime platforms including the K3 SCOUT, K4 MANTA, and K5 Kraken vessels for defense applications including data collection, precision strikes, logistics, and anti-submarine warfare.