How Much Did Echodyne Raise?
Funding & Key Investors

Echodyne, a pioneer in the development of compact solid-state beam-steering radar sensors, has successfully navigated multiple capital infusion cycles to solidify its market position. With a cumulative total funding amount of $198.7M, the company continues to attract significant interest from both institutional venture firms and strategic defense partners. The most recent financing round, which secured $0, underscores the firm's ongoing commitment to scaling its proprietary radar technology for diverse commercial and government applications.

Since its inception in 2014, Echodyne has demonstrated a consistent growth trajectory, moving from early-stage development to becoming a critical supplier for the autonomous vehicle, perimeter security, and airspace management sectors. This latest capital injection serves as a testament to the company's technical maturity and its ability to meet the rigorous demands of the defense and aerospace industries.

What is Echodyne?

Echodyne
ManufacturingTelecommunication EquipmentAerospace & Defense

Headquartered in Kirkland, Washington, Echodyne specializes in the manufacturing of high-performance, compact solid-state beam-steering radar sensors. By leveraging advanced metamaterials, the company provides high-resolution situational awareness that was previously unattainable in such a small form factor. Its product suite is engineered to support a wide array of mission-critical applications, including Unmanned Aircraft Systems (UAS), border security, and autonomous navigation. As a key player in the hard-tech ecosystem, Echodyne bridges the gap between traditional radar systems and the modern requirement for agile, software-defined sensing solutions.

How much funding has Echodyne raised?

Echodyne has raised a total of $198.7M across 4 funding rounds:

2014

Series A

$14.8M

2017

Series B

$28.9M

2019

Other Financing Round

$20M

2022

Other Financing Round

$135M

Series A (2014): $14.8M with participation from Lux Capital, The Kresge Foundation, and Madrona Venture Group

Series B (2017): $28.9M led by Lux Capital, Madrona Venture Group, The Kresge Foundation, and New Enterprise Associates

Other Financing Round (2019): $20M supported by Madrona Ventures, NEA, Lux Capital, Bill Gates, Vanedge Capital, and Vulcan Capital Management

Other Financing Round (2022): $135M featuring Northrop Grumman, Madrona Venture Group, and NEA Member Benefits

Key Investors in Echodyne

Lux Capital

Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.

Madrona Venture Group

Founded in 1995, Madrona Venture Group is a venture capitalist investment company including consumer internet, commercial software, and services.

New Enterprise Associates

Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.

What's next for Echodyne?

Looking ahead, Echodyne is well-positioned to capitalize on the increasing demand for sophisticated sensing capabilities in both the defense and commercial sectors. The recent major enterprise-level funding provides the necessary runway to accelerate product innovation and expand manufacturing capacity to meet global demand. Strategic priorities likely include the further refinement of its beam-steering algorithms and the deepening of partnerships with major aerospace and defense contractors. As the company matures, it remains focused on maintaining its technological edge in the competitive landscape of autonomous systems and perimeter security, ensuring that its radar solutions remain the standard for precision and reliability in complex environments.

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Frequently Asked Questions Regarding Echodyne Financial Insights

What are the most recent funding rounds that Echodyne has completed, and what were the funding rounds?
Echodyne has recently completed 3 funding rounds: Other Financing Round on Jun 13, 2022, Other Financing Round on Sep 12, 2019, Series B on May 21, 2017.
What is the total amount of funding Echodyne has raised to date?
Echodyne has raised a total of $198.7M in funding to date.
How many funding rounds has Echodyne completed?
Echodyne has completed 3 funding rounds.
How much funding did Echodyne raise in its most recent funding round?
Echodyne raised $135M in its most recent funding round.
Who are the lead investors in Echodyne's latest funding round?
The lead investor in Echodyne's latest funding round was Northrop Grumman. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Echodyne's history?
The largest funding round in Echodyne's history was $135M.
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