Astra
900 16th Street NW Suite 450, Washington, DC, 20006, United States
Overview
Astra Capital Management specializes in growth businesses in the communications and technology services sectors. They invest in established communications and technology services companies with unique opportunities for value creation. They focus on unique opportunities to execute transformational growth investments in businesses with proven concepts, positive free cash flow, and enterprise values.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 7
Sector focus
- Business Development
- Consulting
- Venture Capital
Investment portfolio
- Nscale
Participated · Series C · Mar 2026
Nscale builds and operates vertically integrated AI data centers, controlling everything from renewable energy sourcing and facility construction to the compute stack and orchestration layer. Backed by Nvidia, the company is developing ‘Stargate Norway,’ an installation targeting 100,000 Nvidia GPUs by the end of 2026 with OpenAI as an initial customer. In October it also partnered with Microsoft and Dell to deploy roughly 200,000 Nvidia GPUs across four data centers in Europe and the U.S. The firm positions itself as a low-cost, green alternative for AI compute, pledging to reuse waste heat and invest in local skills and infrastructure. Its latest funding round values the company at $14.6 billion, placing it among Europe’s few AI decacorns. Nscale plans to use the new capital to accelerate build-outs in Europe, North America and Asia while expanding its engineering and operations teams. The company has hinted at a possible IPO as early as this year to further bolster its capital base. High-profile board appointments—including Sheryl Sandberg, Susan Decker and Nick Clegg—underscore its growing prominence.
- Logix Fibre Networks
Led · Equity · May 2022
LOGIX operates an enterprise-grade fiber network and provides Business Voice, Business Internet, Business Ethernet, Business Wavelength, data center access, and cloud connect services. The company serves over 8,000 enterprise and carrier customers and connects nearly 100 data centers, operating more than 7,000 route miles and nearly 300,000 fiber miles across Dallas–Fort Worth, Austin, San Antonio and Houston. LOGIX has a 35-year history and emphasizes Texas-based customer service and built-for-business reliability. The company secured a $100 million capital commitment to fund customer-driven growth initiatives, accelerate its network evolution plan, and refinance a portion of its senior debt. Proceeds will support network builds and cost rationalization programs focused on 5G wireless backhaul, data center support, and expanding penetration of owned fiber services across its footprint. Houlihan Lokey and Debevoise & Plimpton LLP served as advisors on the transaction.
- Gojek
Led · Series F · Mar 2019
Gojek operates ride-hailing and payments services in Indonesia and has expanded into food delivery and other digital services. The company is working to seal a proposed merger with e-commerce platform Tokopedia to create a new entity called GoTo in an $18 billion deal, according to media reports. Gojek has raised over $3.45 billion to date from investors including Google, Facebook, PayPal, Visa, and Tencent. It maintains a strategic partnership with Telkomsel dating to 2018 that includes subsidizing mobile data costs for driver partners and integrations such as Telkomsel MyAds with GoBiz and onboarding MSME partners via the DigiPOS Aja! application. The firms also co-market gaming services through Telkomsel’s Dunia Games and GoPay in collaboration with Tencent. Telkomsel, which has more than 170 million subscribers, said the investment will open opportunities to scale digital services and innovations developed by homegrown companies. Gojek began as a ride-hailing service and has grown into a multi-service platform that includes digital payments and food delivery. The company serves about 170 million users in Indonesia. Gojek has raised over $3 billion to date and was valued at about $10 billion earlier this year. It has been lossmaking and competes directly with rival Grab. Gojek and telecom operator Telkomsel have an ongoing commercial relationship dating back to 2018 to subsidize driver mobile data usage. The firms say they will explore a broad range of collaboration opportunities to reach millions more Indonesians and deepen digital-economy adoption. Gojek operates ride-hailing, meal delivery, and payments services across Southeast Asia. The company announced a $1.2 billion funding round and has now raised nearly $3 billion in total. Investors in the latest round were not disclosed, although existing backers include Google, Tencent, and Temasek. Leadership is held by co-CEOs Andre Soelistyo and Kevin Aluwi after founder Nadiem Makarim left to become Indonesia’s education and culture minister. Gojek said it will use the new funding to expand operations and that it is engaged in ongoing conversations with potential partners. The company faces competition from Grab and has been the subject of merger-talk rumors; there were also unconfirmed reports of interest from Amazon. Gojek is an Indonesian ride-hailing and multi-service company that offers a range of on-demand services. The company has launched a new video streaming offering. Gojek plans to add Japanese content to that streaming service as part of a partnership with investors. The immediate financial development is a planned investment of about $50 million from the state-backed Cool Japan Fund. The investment is also intended to promote Japanese cuisine through Gojek’s platform. No other financial metrics or user numbers are provided in the article. Go-Jek operates a ride-hailing and on-demand services platform and is expanding its core transport offering across Southeast Asia. The company is raising a Series F round and pulled in $100 million from Astra, an existing investor. Go-Jek is aiming to bring in at least $2 billion in the round and has closed around half of that capital. Astra's investment includes a strategic joint venture to equip Go-Jek's cars with Astra's fleet management system, with a rollout starting with "thousands" of Go-Car drivers. The capital is being raised to expand Go-Jek's services regionally; the company recently launched its Thailand-based Get business, has expanded to Vietnam and Singapore, and is primed to offer services in the Philippines soon. The company is Indonesian and competing for regional market share.