Corridian, Developer Of Extra-Large AUVs for Stealth Logistics, Other Roles Emerges With $38 Million

Corridian emerged from stealth on November 3 with a $38 million seed round led by Point72 Ventures to develop ultra-large autonomous underwater vehicles. The Boston-area company's first platform is moving from engineering toward prototyping and is designed to transport cargo covertly over thousands of nautical miles. Funding will support vehicle development, expansion of its research-and-development facility and recruitment of additional undersea engineering staff, with other investors including DCVC and Marlinspike. The announcement concerns financing and a developmental logistics platform, without an operational deployment, government procurement award or completed demonstration of the proposed long-range cargo mission.