Kraken Closes $115M Funding Round

St. John’s-based Kraken Robotics has completed a $115 million funding exercise on the TSX Venture Exchange, hitting the top of a funding range it outlined last month.
Kraken, which specializes in next-generation sonar systems and unmanned platforms to carry them, said in June it was raising $100 million in a share sale. It added that the underwriters, led by Desjardins Capital Markets, had a $15