MENLO PARK, CA, Bulwark Dynamics, a developer of autonomous landing craft, announced $6.8 million in seed funding.
Bulwark Dynamics, a developer of autonomous landing craft, announced $6.8 million in seed funding from investors including SBI US Gateway Fund LP, Archetype Ventures, NÄ'nÄ' Ventures, and Onomichi Dockyard. Proceeds will fund development and production of the company's Caravel series, the stand-up of manufacturing capacity, and testing in operationally representative environments.
The company also announced it has signed a memorandum of understanding (MOU) with Onomichi Dockyard (Kobe, Japan) establishing a partnership for serial production of the Caravel series.
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