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Funding · AI & Deep Tech

Rekise Marine raises $9.7m seed round led by Accel and NKSquared

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Date
Company
Rekise Marine
What it does
Autonomous marine vessel developer
Kind
Funding
Amount
$9.7M
Stage
seed
Based in
Bengaluru
Founded
2017
Sector
AI & Deep Tech

What they do

Rekise Marine builds autonomous surface and underwater vessels for defence and commercial use

What happened

The company raised $9.7 million in a seed round led by Accel and NKSquared

Why it matters

Funds will expand engineering talent and advance the flagship Jalkapi submarine development

The details

  • Rekise Marine has raised $9.7 million in a seed round of funding.
  • The investment was led by Accel and NKSquared (Nikhil Kamath's firm).
  • Participants included Sameer Brij Verma, Sandeep Singhal, Industrial47, and Singularity AMC.
  • Founder-operators, family offices, and other company founders also participated in the round.
  • This brings Rekise Marine's total funds raised to over $14 million.
  • The previous round raised $4.72 million prior to this latest injection.
  • The company plans to use the funds to expand its engineering team.
  • Investors will support the advancement and testing of the Jalkapi product.

The bigger picture

  • India's defence market is projected to grow from $27 billion to $40 billion by 2030.
  • This represents a significant 48% growth in the sector over five years.
  • Rekise Marine operates in a competitive landscape with firms like Coratia Technologies and Sagar Defence.
  • The funding validates the demand for autonomous systems in national security applications.

About the business

  • Rekise Marine designs and integrates autonomous surface and subsurface vessels.
  • The company serves both defence and commercial sectors with its technology.
  • It uses a common software architecture across platforms ranging from 50kg to 20 tonnes.
  • The team includes experts from Siemens, Airbus, Intel, and the Indian Navy.
  • Rekise Marine employs 55 people across offices in Bengaluru, Goa, and Kolkata.
  • The company has established partnerships with Goa Shipyard Ltd and GRSE Limited.
  • Its product Jaldoot is an autonomous surface vessel delivered to DRDO via GRSE.
  • The Swadheen survey vessel completed sea trials in the Bay of Bengal earlier in 2026.
  • A man-portable AUV for mine countermeasures is currently undergoing ongoing trials.

What happens next

  • Rekise Marine will expand its engineering talent pool significantly.
  • The company will focus hiring on robotics, AI/ML, and embedded systems.
  • Recruitment will also target naval architecture and sea operations specialists.
  • Development and testing of the Jalkapi XLUUV will accelerate.

The deal

Type
Seed Round

Investors

  • Accel (lead) — Global venture capital firm focused on technology companies.
  • NKSquared (lead) — Investment firm founded by Nikhil Kamath.
  • Sameer Brij Verma (participated) — Former partner at New Venture Partners (NVP).
  • Sandeep Singhal (participated) — Co-founder of New Venture Partners (NVP).
  • Industrial47 (participated) — Venture capital firm investing in deep tech startups.
  • Singularity AMC (participated) — Asset management company focusing on alternative investments.

Founders

  • Maitrai Maka, Co-founder
  • Shekhar Mital, Co-founder

About Rekise Marine

Product
Autonomous surface vessels (Jaldoot, Swadheen) and extra-large autonomous underwater vehicles (Jalkapi) for maritime operations
Customers
Indian Navy and defence organizations, plus commercial maritime operators
How it makes money
Custom vessel design and manufacturing with in-house integration
What sets it apart
Integrated platform combining vessel design, sensors and autonomy software as single system
Operations
In-house design and integration with partnerships with Indian shipyards including Goa Shipyard and GRSE

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