Blue Water Autonomy nets $50M to build autonomous ships

Blue Water Autonomy, a Boston-based company specializing in unmanned ships for the U.S. Navy, has raised $50 million in Series A funding, bringing its total capital raised to $64 million following a $14 million seed round in April 2025. The company plans to build and deploy its first long-range, full-sized autonomous ship next year. Since its seed round, Blue Water Autonomy has significantly expanded its team, conducted on-water engineering tests, and begun sourcing materials from over 50 suppliers. CEO Rylan Hamilton emphasized the urgent need for autonomous ships tailored for maritime security and logistics, highlighting the company’s focused strategy on perfecting a single platform to ensure quality, reliability, and rapid market entry. The funding round was led by GV, with participation from existing investors Eclipse, Riot, and Impatient Ventures, and GV Managing Partner Dave Munichiello joining Blue Water’s Board of Directors. Blue Water Autonomy aims to address the growing challenge posed by China’s dominant shipbuilding capacity