True Anomaly on Tuesday said it raised $650 million in a new funding round that will be used to hire employees and scale its capabilities to meet customer demand for space superiority products. The Series D round was co-led by Eclipse and Riot Ventures.
New investors Paradigm, Atreides, G Squared, The Private Shares Fund, VanEck and others participated in the funding round. Existing investors Accel, Menlo Ventures, ACME Capital, Space VC, Meritech Capital, Narya and 645 Ventures also participated in the round, which includes $50 million of debt provided by Stifel Bank.
True Anomaly has developed the Jackal autonomous orbiting vehicle that is capable of maneuvering in Low-Earth Orbit to conduct persistent surveillance of adversary spacecraft, replicate adversary spacecraft for training and test purposes, and to meet tactically responsive space needs. The Colorado-based company also has a software platform Mosaic, that that enables Jackal to perform its various missions autonomously and through human command.
With the new funding, True Anomaly has raised more than $1 billion in capital.
“This capital, a with all of our funding rounds, will be invested entirely in space dominance at scale,” Even Rogers, co-founder and CEO of True Anomaly, said in a statement. “We will continue to design and deliver the next generation of products the U.S. and its Allies need for space superiority.”
True Anomaly has about 300 employees, up from 250 at the end of 2025, and plans to increase to 500 by the end of 2026 and 1,000 at the end of 2028, the company said in a response to questions.
The company also operates out of 140,000 square feet of space and “plans to grow exponentially over the next few years,” it said.
The Space Force last week said True Anomaly is one of 12 companies that have received contracts in recent months for prototype technologies for space based interceptors. The company this month was one of 14 that received contracts for a new Space Force space domain awareness program under the Andromeda program.
