Vatn Systems — Undersea Autonomy
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Vatn Systems

Low-cost undersea autonomy at scale

Undersea AutonomyFund II

Scalable autonomy for the undersea battlespace. Delivering low-cost undersea autonomy that allows the U.S. and allies to deploy meaningful mass at operational speed.

At a Glance
Latest Round$60M Series A (2025)
Founded2021
HeadquartersPortsmouth, RI
Latest MilestoneJan 2026: Acquired Crewless Marine to advance AUV acoustic capabilities

Quick Facts

SectorUndersea Autonomy
VVC FundFund II
Founded2021
HeadquartersPortsmouth, RI
StatusActive
Sector Context

Why Undersea Autonomy matters.

The U.S. Navy's Replicator initiative aims to field autonomous systems at scale. The undersea domain is increasingly contested, with demand for affordable, attritable autonomous platforms growing rapidly.

Leadership Team
Nelson MillsCEO

Former Pure Watercraft, investor at Link Ventures and Lux Capital

Geoff ManchesterCTO

Mechanical engineer and mariner, former Director of Engineering at Koop

Dan HendrixCRO
Veteran

Former Special Forces Dive unit commander, USAFA graduate

Funding History
Series A
$60M
2025
Seed
$13M
2024
Key Milestones
Jan 2026: Acquired Crewless Marine to advance AUV acoustic capabilitiesSource
Dec 2025: Raised $60M Series A to expand autonomous underwater vehicle productionSource
Dec 2025: Partnered with Hanwha Group to co-develop autonomous underwater dronesSource
Oct 2025: Launched Inertial Navigation System for GPS-free maritime autonomySource
Jul 2025: Partnered with Palantir to scale AUV manufacturingSource
Nov 2024: Raised $13M seed round to advance AUVs for U.S. defenseSource
In Action
VATN Instinct GPS v2via Vatn Systems