Organisation

Hico Ventures

Venture capital firm named as a backer in Kraken Technology Group's 2026 Series B round.

Last refreshed: 24 July 2026

Background

Hico is named among the venture capital firms that backed Kraken Technology Group's $175m Series B round, announced in July 2026, which valued the British uncrewed-surface-vessel maker at $1bn. More than one investment firm trades under a similar name (a Palo Alto AI and digital-asset fund, and a separately registered UK entity called Hico Ventures Limited), and the funding announcement gives no further detail on which one participated. No claim is made here about The Firm's founding, size, or wider investment focus beyond its role in this round.

Common Questions

What is Hico Ventures' role in Kraken Technology Group?

Hico is named as one of the venture capital firms backing Kraken's $175m Series B round in July 2026; no further detail on The Firm has been confirmed.

Is Hico Ventures a US or UK firm?

The Kraken funding announcement does not specify which Hico entity took part; the name is shared by a Palo Alto-based fund and a separately registered UK company, Hico Ventures Limited.

Source Material

DTCP Defence Leads $175 Million Series B Financing Round in Kraken Technology Group

Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 24 July 2026. Editorial standards.