True Anomaly Raises $100M in Series B Funding

True Anomaly

True Anomaly, a Centennial, CO-based technology company developing advanced hardware and software systems, raised $100M in Series B funding.

The round was led by Riot Ventures with participation from Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion Hill Ventures, and FiveNine Ventures.

The company intends to use the funds for continued investment in people, products, and services.  

Led by Even Rogers, CEO, True Anomaly builds technology at the intersection of spacecraft, software, and AI to deliver solutions for space security, sustainability, and accessibility. The company builds solutions that address space domain awareness, security, and readiness challenges. This includes a differentiating combination of dynamic software applications as well as on-orbit spacecraft performing rendezvous and proximity operations (RPO) and non-Earth imaging (NEI). The products and services also offer solutions for space operator training, capabilities testing, and rapid response missions. The company empowers the U.S. government, its allies, and partners as well as the commercial space industry to lead safe, resilient operations on orbit to secure life on Earth. 

In its first full year of operations, True Anomaly opened its GravityWorks spacecraft manufacturing facility in the Denver Tech Center and doubled its staff from 50 to more than 100 employees.  

FinSMEs

12/12/2023