BAM Elevate

Activity from announced rounds

All recorded activity

BAM Elevate is Balyasny’s growth and private-investment arm. Astranis and Crusoe identify it in their own financing announcements.

Recorded funding activity

Astranis builds and operates small geostationary communications satellites. Crusoe supplies GPU cloud services and data-center infrastructure, while Saronic develops autonomous maritime platforms. These examples describe BAM Elevate’s activity recorded in the covered financings, with separately named funds kept distinct.

Sources
Rounds participated in
4
Confirmed lead rounds
0
3 roles undisclosed
New companies
4
First participation on record · 0 follow-on
Funding in participating rounds
$6.4B
4 disclosed · full round size, not this investor’s share

By stage

Series C+4

By primary sector

AI1
Defense tech1
Mobility1
Space tech1

By country

United States4

Rounds

4 in all activity
Crusoe

AI infrastructure combining GPU cloud services, managed AI tools, large-scale data centers and modular AI factories for model developers and enterprises.

$3.9BSeries F (initial close; anticipated total)
Participant
Astranis

Builds and operates small GEO satellites for commercial and government communications

$450MSeries E
Role not disclosed
Skyryse

Develops automated flight control systems for aircraft

$300MSeries C
Role not disclosed