# HavocAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/havocai

- Industry: Software
- Headquarters: Boston, US
- Website: www.havocai.com
- Total disclosed funding: $200M
- Latest round: Series A (Mar 3, 2026)
- Investors on record: 22

## About

Established in 2024 by co-founders Paul Lwin (CEO) and Joe Turner (COO) and based in Rhode Island, US, HavocAI Inc. provides autonomous maritime solutions, addressing challenges in the research, development, and production of uncrewed surface vessels (USVs). In March 2026, HavocAI Inc. raised USD 187.48 million in series A funding led by Cobalt Capital, with participation from other investors Clear Street, Boardman Bay Capital Management, Meet Perry, Mute Ventures, SAIC Capital, JA GREEN CO., LTD, Cohen & Company Capital Markets, and Soren Ventures. Returning investors Outlander VC, Scout Ventures, B Capital, Lockheed Martin Ventures, Taiwania Capital, UP.Partners, The Veteran Fund, and Vanderbilt University Endowment.

HavocAI Inc. offers an end-to-end solution for the planning, tasking, and control of large fleets of USVs. The company offers a library of pre-defined behaviours that users can assemble to create custom mission plans for the USVs. This building block approach simplifies the process of adapting the vessels to specific tasks without needing to design from scratch. Additionally, HavocAI provides an intuitive, cloud-based user interface for assigning mission objectives to USV teams. The platform uses AI to optimise task distribution across a fleet. The platform allows users to control 1,000s of USVs through an intuitive, cloud-based interface. The autonomous systems onboard the USVs execute and adapt mission plans in real time, even in the event of communication loss or GPS degradation. This onboard autonomy allows the fleet to operate in contested environments with minimal human intervention.

The company plans to utilize the May 2026 funding to expand deployment and scale its autonomous operations across sea, air, and land.

## Funding rounds

- Series A, Mar 3, 2026, $187M — Vanderbilt University Endowment, Scout Ventures, Boardman Bay Capital Management, B Capital, Lockheed Martin Ventures, Cobalt Capital, SAIC Capital, Taiwania Capital, UP.Partners, Outlander VC, The Veteran Fund, JA GREEN CO.,LTD, Clear Street, Mute Ventures, Meet Perry, Soren Ventures, Cohen & Company Capital Markets
- Seed, Sep 16, 2024, $12M — Scout Ventures, Alumni Ventures Group, Trousdale Ventures, Decisive Point, Outlander VC, New North Ventures, The Veteran Fund, Bravo Victor Venture Capital

## Investors

- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Trousdale Ventures (https://capitalatlas.ai/funds/trousdale-ventures) — Seed
- Decisive Point (https://capitalatlas.ai/funds/decisive-point) — Seed
- Outlander VC (https://capitalatlas.ai/funds/outlander-vc) — Seed, Series A
- New North Ventures (https://capitalatlas.ai/funds/new-north-ventures) — Seed
- The Veteran Fund (https://capitalatlas.ai/funds/the-veteran-fund) — Seed, Series A
- Bravo Victor Venture Capital (https://capitalatlas.ai/funds/bravo-victor-venture-capital) — Seed
- Vanderbilt University Endowment — Series A
- Boardman Bay Capital Management — Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series A
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series A
- Cobalt Capital (https://capitalatlas.ai/funds/cobalt-capital) — Series A
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series A
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series A
- UP.Partners (https://capitalatlas.ai/funds/up-partners) — Series A
- JA GREEN CO.,LTD — Series A
- Clear Street — Series A
- Mute Ventures (https://capitalatlas.ai/funds/mute-ventures) — Series A
- Meet Perry — Series A
- Soren Ventures — Series A
- Cohen & Company Capital Markets — Series A