The Technology team advised True Anomaly on their $260M oversubscribed Series C financing round inclusive of equity and debt, that will accelerate True Anomaly's next phase of growth, vertical integration, facility expansion, product development and implementation. The Series C was led by Accel, with participation from Meritech Capital and existing investors Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya. Debt capital is being provided by Stifel Bank.
True Anomaly is building the future of space security and resilience at the intersection of spacecraft, software, and autonomy. The company's vision is to enable a secure, stable, and sustainable space environment for the US, Allies, and Partners by designing, building, selling, and fielding the solutions required to achieve space superiority. Founded in 2022 and headquartered in Centennial, CO, with teams located in Washington D.C. and Long Beach, CA, True Anomaly is shaping the future of space security.
The Goodwin team was led by David Pendergast and Liza Craig. Andrew Cheng led the debt deal.
For more information about the deal, please read the press release.