True Anomaly has raised $260 million in funding from its Series C financing round. The sum raised will support growth activities, facility and workforce expansion, vertical integration and product development, the defense company said Wednesday.
Accel, a venture capital firm, led the Series C financing round. ACME Capital, Meritech Capital, Menlo Ventures, Riot Ventures, Champion Hill Ventures, Space VC, Eclipse and Narya also participated in the event.
Stifel Bank will provide debt capital.
Get to Know True Anomaly
Headquartered in Denver, Colorado, True Anomaly provides autonomous defense and space capabilities for the U.S. and its allies. Its Mosaic software is designed to space domain awareness and security. The company has also built and deployed its Jackal highly maneuverable spacecraft to support missions in any orbit.
True Anomaly is scheduled to launch four missions across three orbits in the coming months.
“The threat to our Armed Forces and way of life from adversary capabilities in, from, and through space demands the complete focus of an innovative industrial partner,” commented True Anomaly CEO Even Rogers. “We are uniquely positioned to partner with the U.S. government and its allies to place asymmetric, viable deterrence options into the hands of warfighters on record timelines.”