🚀 Cheers to the Astranis Space Technologies team on their successful $200 million Series D fundraising round. The founders, John Gedmark and Ryan McLinko, set out to connect the four billion people who lack reliable, affordable Internet access. They have accomplished an amazing amount of work on this bold mission. The funds also fully support the company's Omega development program. Checkout the exciting film below on this endeavor. 👀 #geostationaryorbit #broadband #connectivity #satellite
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.