True Anomaly, a Denver-based space security startup, has raised $100 million in Series B funding.

True Anomaly raises $100m in Series B for space domain awareness

The investment round was led by Riot Ventures and also involved Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion Hill Ventures, and FiveNine Ventures.

The company, which develops hardware and software systems for space domain awareness, says it will enable further “investment in people, products, and services to further advance True Anomaly’s mission”.

“A responsive and agile defense industrial base is essential to provide the tools for deterrence and global security,” said Even Rogers, True Anomaly CEO and Co-Founder.

“Space is the newest and most vulnerable theater of contemporary global competition, but the U.S. and its allies are ill-equipped for a conflict that begins in or extends into space. True Anomaly is solving this by building the technologies for a more secure, stable, sustainable, and transparent space environment. This Series B fundraise equips True Anomaly with the proceeds to maintain a deep focus on our mission, deliver incredible products, and continue to invest in the nation’s next strategic offset.”

True Anomaly was founded in early 2022. It recently completed the build, assembly, and integration of its first two Jackal autonomous orbital vehicles (AOVs).

These are slated to launch aboard SpaceX’s Transporter-10 mission in 2024.