Baillie Gifford and Bill Gates led a $135m funding in Echodyne.

Baillie Gifford, an investment management firm, and Bill Gates led a $135m funding in Echodyne, a radar platform company, with participation from Northrop Grumman, NEA, Madrona Ventures, Vulcan Capital, and Vanedge Capital. “Echodyne’s ability to deliver high-performance radar solutions at commercial prices is a highly disruptive innovation. The company’s unique sensor technology is unlocking novel applications for customers and showing promising adoption at leading organizations, such as the US Army, Northrop Grumman, NASA, and the Department of Homeland Security. As long term investors, we’re excited by the growth potential Echodyne has over the decade ahead and are thrilled to be supporting its next phase of market expansion and new product creation,” Luke Ward, Baillie Gifford Investment Manager.