Corridian, a New England defense technology company building ultra-large Autonomous Underwater Vehicles (AUVs), has announced a US$38 million seed round led by Point72 Ventures, with participation from Balerion Space Ventures, Harpoon Ventures, DCVC, Marlinspike, and a syndicate of additional defense and deep-tech investors. The funding will support continued development of the company’s flagship AUV platform, buildout of its research and development facility, and active hiring for its rapidly expanding undersea engineering team.
Latham & Watkins LLP represents Balerion Space Ventures in the transaction with an Emerging Companies & Growth team led by San Diego counsel Evan Youngstrom.
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