Echodyne Announces $29 Million Funding
May 23, 2017
2:55 pm
Credit: echodyne.com
Advanced materials startup Echodyne announced the close of $29 million in Series B financing. Seven investors contributed to the round, among them New Enterprise Associates, Madrona Venture Group, Vulcan Capital, Lux Capital, and The Kresge Foundation.
Echodyne Corp is a privately held company founded in 2014 that aims to bring to market metamaterials-based radar products.
The company revealed that it will use its new investment to focus on extending its technology and scaling production.
