Venture Capital News: Echodyne Closes $135M Funding
2022-06-13
SEATTLE, WA, Echodyne, a radar platform company, announced a $135 million fundraising round, co-led by Baillie Gifford and Bill Gates.
Echodyne, a radar platform company, announced a $135 million fundraising round, co-led by Baillie Gifford and Bill Gates with participation from multiple new and existing investors including: Northrop Grumman Corporation, NEA, Madrona Ventures, Vulcan Capital, and Vanedge Capital.
Echodyne, the radar platform company, designs and delivers high-performance compact, solid-state radars based on the company's patented metamaterials ESA technology. Ideally suited for defense, security, machine perception, and autonomy, Echodyne's commercially priced electronically scanned array radars are used by defense and government agencies, autonomous systems developers, and security integrators for counter-UAS, border and perimeter security, critical infrastructure protection, unmanned aerial vehicles, and autonomous vehicles.
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