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Echodyne Closes $135 Million To Expand Distribution, Production, And Development Across Defense, Security, And Autonomous Machine Markets

Echodyne Closes $135 Million To Expand Distribution, Production, And Development Across Defense, Security, And Autonomous Machine Markets

06/13/22, 1:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgkirkland
Money raised
$135 million
Echodyne, the radar platform company, today 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 will use the investment proceeds to increase production and distribution of its industry-leading radars and expand its product lines for defense, security, and autonomous machine applications.

Company Info

Company
Echodyne
Location
kirkland, washington, united states
Additional Info
Echodyne's patented technology and powerful software create a breakthrough radar platform for existing and new applications in Defense, Security, and Autonomy.