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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
kirklandMoney 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.
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