Echodyne Raises $29M in Series B Financing

Echodyne Corp., a Bellewue, WA-based radar vision company, raised $29m in Series B financing.

The round was led by New Enterprise Associates (NEA) with participation from Bill Gates, Madrona Venture Group, Vulcan Capital, Lux Capital, The Kresge Foundation and others.

Led by Eben Frankenberg, CEO, Echodyne is applying patented technology, called MESA (Metamaterial Electronically Scanning Array), to deliver radar vision, a combination of high-performance agile imaging radar hardware with computer vision-like software for classification, recognition, and perception to enable high-resolution, long-range, and all-weather capabilities ideal for autonomous applications in drones, cars and trucks, heavy machines, and flying cars. To operate safely, each of these machines needs sensors that operate flawlessly in a wide range of environmental conditions.



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