COMPANY INFO
HavocAI, Inc. is a private company founded in 2024, headquartered in Providence, Rhode Island. The company specializes in aerospace and defense, manufacturing small uncrewed surface vessels with modular design and AI-enabled services to optimize maritime and land autonomous operations. HavocAI was co-founded by Paul Lwin (CEO), Andrew G. Gregg, and Timothy Rhatigan, and currently employs around 40 people. Their website is https://www.havocai.com/. The company focuses on delivering scalable, autonomous maritime solutions that reduce risks and enhance operational efficiency in defense and commercial sectors. (PitchBook, LinkedIn, Scout Ventures, HavocAI official site)
HavocAI Inc. is a private aerospace and defense company founded in 2024 and headquartered in Providence, Rhode Island. With a team of about 40 employees, HavocAI specializes in manufacturing small uncrewed surface vessels (USVs) featuring modular design and advanced AI-enabled services. The company’s technology optimizes autonomous maritime mission taskings, reduces communication loss, and enables secure multi-asset control by a single operator. HavocAI’s scalable solutions are designed to enhance operational efficiency and reduce risks for both defense and commercial markets.
HavocAI funding history reflects a strong early-stage push, with approximately $12.2 million raised in a single Seed round to date. This round, completed in September 2024, highlights the faith of prominent venture capital firms and institutional investors in HavocAI’s vision and its strategy for rapidly expanding production and technological capabilities. The company’s funding approach centers on scaling manufacturing, accelerating product development, and capturing early adopters in the defense and maritime autonomy sectors.
The Seed round provided crucial startup capital to fund HavocAI’s launch, expand its technology and manufacturing infrastructure, and support rapid scaling of production capabilities. The majority of the investment is aimed at growing the company’s modular USV production, iterating on its AI-driven platform, and fast-tracking initial customer deployments in both defense and commercial markets.
Scout Ventures led HavocAI’s Seed round, playing a pivotal role as anchor investor. The firm specializes in early-stage investments in frontier technologies and has supported HavocAI’s strategic entry into the autonomous defense and maritime markets.
As a co-lead of the Seed round, Trousdale Ventures contributed significant institutional backing and strategic guidance, particularly in defense and security technology sectors.
Participated in HavocAI funding as a venture capital partner, bringing additional support in scaling and commercialization efforts across deep tech industries.
Contributed to the company's initial capital, supporting HavocAI’s focus on defense and military applications.
Supported HavocAI investment, providing resources and expertise through its extensive investor network.
Added to the company’s financial and strategic resources, leveraging global reach and domain expertise in technology investments.
Participated in the Seed round, supporting HavocAI’s mission to bring scalable AI to autonomous maritime operations.
Added targeted defense market know-how and investment to bolster HavocAI’s product delivery for government clients.
Invested to accelerate secure and scalable USV deployment—the strategic backing signifies high confidence from the defense and intelligence community.
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