Portfolio
2
companies
Kraken Technology Group
Kraken Technology Group manufactures advanced uncrewed marine vessels for defence and security.
PuriFire Energy
PuriFire Energy produces green hydrogen and methanol to decarbonise shipping and chemicals.
Chris Hartnoll
CEO & MD
The funding round was led by DTCP and values the British maritime defence company at over $1bn.
"Kraken is excited to be partnering with DTCP, leading such a prestigious group of European and international investors. This significant funding round will accelerate Kraken’s global roll-out, enabling the deployment of hardened, reliable, mission-ready capabilities for NATO and its worldwide partners at an unprecedented scale in the maritime domain,"
The seed round was led by HICO Investment Group to support pilot projects for sustainable fuel production.
"One of the key attractions was the potential of PuriFire’s technology to convert wet waste into sustainable fuels such as green methanol. By targeting feedstock that doesn’t necessarily compete with other technologies, we believe PuriFire can significantly reduce the levelised cost of methanol production."
