DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Companies / Vatn Systems, Inc.
Vatn Systems, Inc.
Facts
Financing history
2 rounds
- Dec 10, 2025Series A · $60.0M (disclosed)Bvvc (lead) via Joe MusselmanAV Capital Management, L.L.C. (participant)Dauntless Ventures (participant)Trousdale Ventures (participant)DYNE Ventures (participant)Propeller Ventures (participant)Decisive Point Ventures (participant)SAIC Ventures (participant)Centre Street Partners (participant)Cubit Capital (participant)Geodesic Capital (participant)Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) · “Vatn Systems Raises $60 Million Series A to Redefine Underwater Naval Warfare at Scale”
- Oct 9, 2024Form D equity offering · $15.5M (form d sold) · 38 investorsFact SEC EDGAR Form D data sets (quarterly) · “Vatn Systems, Inc. filed Form D: $15,519,964 sold of $15,519,964, Other Technology”
Investors on record
13 edges
- Blue Collective, LLC portfolio listing Fact bluecollective.com
- Champion Hill Labs, LLC portfolio listing Fact championhillventures.com
- AV Capital Management, L.L.C. round, participant Fact prnewswire.com
- Bvvc round, lead, Joe Musselman (confirmed) Fact prnewswire.com
- Centre Street Partners round, participant Fact prnewswire.com
- Cubit Capital round, participant Fact prnewswire.com
- Dauntless Ventures round, participant Fact prnewswire.com
- Decisive Point Ventures round, participant Fact prnewswire.com
- DYNE Ventures round, participant Fact prnewswire.com
- Geodesic Capital round, participant Fact prnewswire.com
- Propeller Ventures round, participant Fact prnewswire.com
- SAIC Ventures round, participant Fact prnewswire.com
- Trousdale Ventures round, participant Fact prnewswire.com
People
1 officers, 4 directors
- Nelson Mills Executive Officer/Director sec.gov
- Thomas Hendrix Director Fact
- Geoffrey Manchester Director Fact
- Thomas Hennessey Director Fact
- Frederick Mills Director Fact
Timeline
2
- Dec 10, 2025Vatn Systems announced Series A of $60,000,000, led by BVVCRound announced Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS)
- Dec 3, 2024Vatn Systems, Inc. filed Form D: $15,519,964 sold of $15,519,964, Other TechnologyForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
19 observations
Every observation on this company
- Entity type: Corporation Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Technology Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $15.5M Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $15.5M Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2024-10-09 Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 38 Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 172 SHERWOOD DRIVE, PORTSMOUTH, RI, 02871 Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Listed on portfolio page: Blue Collective, LLC Sep 16, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Listed on portfolio page: Champion Hill Labs, LLC Sep 16, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Listed on portfolio page: Blue Collective, LLC Sep 15, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Round announced: Series A $60,000,000 Dec 10, 2025 Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS)
- Year of incorporation: 2023 Dec 3, 2024 Fact SEC EDGAR Form D data sets (quarterly)