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Autonomous ship startup Saronic raises $1.75 billion in race to modernize U.S. military

Saronic’s Corsair, 24-foot Autonomous Surface Vessel (ASV) designed to deliver speed and impact for naval and maritime forces.Courtesy: SaronicAutonomous ship startup Saronic said Tuesday that it's raised $1.75 billion as it ramps up production to meet mounting U.S. military demand for newer and cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Saronic's valuation to $9.25 billion from the $4 billion it hit after a $600 million raise early last year.Saronic plans...

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