Astranis
Builds and operates small GEO satellites for commercial and government communications
$450MSeries E
Role not disclosedActivity from announced rounds
Baillie Gifford is an investment partnership with a private-growth investing business, backing companies before public listing within a broader long-term equity investment platform.
Its private-growth team looks for companies with a proven product and fast-growing revenue, across sectors and countries. It concentrates on a selected group of businesses with the potential to become major global enterprises.
Public-market mandates can remain invested after an IPO. That structure lets the partnership continue owning a business through listing, rather than requiring the private financing relationship to end at that milestone.