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[Funding alert] CO-based True Anomaly Secures $100M in Series B Round Funding

Colorado-based True Anomaly secures $100 million in Series B Funding. Riot Ventures led the round, with participation from Champion Hill Ventures, Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, and FiveNine Ventures.

Colorado-based True Anomaly secures $100 million in Series B Funding. Riot Ventures led the round, with participation from Champion Hill Ventures, Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, and FiveNine Ventures.

The funds will be utilised by the business to keep investing in people, goods, and services. Under the leadership of CEO Even Rogers, True Anomaly creates technology that combines software, hardware, and artificial intelligence to offer solutions for accessibility, sustainability, and space security.

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The company develops solutions for addressing security, preparedness, and space domain awareness issues. This incorporates non-Earth imaging (NEI) and rendezvous and proximity operations (RPO) carried out by on-orbit spacecraft in alongside a unique combination of dynamic software applications.

Solutions for capability testing, fast reaction flights, and space operator training are all offered by the products and services. The corporation enables the commercial space industry, the U.S. government, and its allies and partners to run safe, robust activities in orbit that safeguard life on Earth.

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True Anomaly raised its workforce from 50 to over 100 workers in its first full year of business, when it built its GravityWorks spacecraft manufacturing facility in the Denver Tech Centre.

About True Anomaly

For humanity to continue to develop, space must be used safely for everything from finance and communications to logistics and navigation. To improve the capabilities of the United States, its allies, and business partners.

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True Anomaly develops cutting-edge technologies at the nexus of spacecraft, software, and artificial intelligence. By guaranteeing everyone’s access to space and sustainability, we protect international security.

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