Congratulations to the team at Astranis Space Technologies, a KDT portfolio company, on raising a $200 million Series D! Their innovative low-cost telecommunications satellites are set to unlock previously unreachable locations. We’re excited to be a part of Astranis and their mission to connect the world.
Astranis has raised a $200 million Series D, led by a16z Growth Fund and co-led by BAM Elevate. This brings our total capital raised to $750 million, and gets us one step closer to launching 100 MicroGEO satellites by 2030 — and connecting millions to affordable internet. It also fully funds our Omega development program: https://lnkd.in/guRrUXFx Thank you to our participating investors for their support! Andreessen Horowitz, BAM Elevate, BlackRock, Fidelity Investments, Baillie Gifford, Uncorrelated, Y Combinator, Friends & Family Capital, Haystack, Metaplanet, SV Angel, Garage VC, Refactor, PWV/RedwoodJS, Trinity Capital, Jeff Dean, and others.