True Anomaly raises $650M in Series D financing

Apr 28, 2026 · Funding · True Anomaly · Space

True Anomaly completed a US$650 million Series D financing package comprising US$600 million of equity and US$50 million of debt from Stifel Bank.

True Anomaly company media
Company media · True Anomaly

Evidence notes

  • Eclipse and Riot Ventures co-led the equity round, joined by new investors Paradigm, Atreides, G Squared, The Private Shares Fund and VanEck alongside returning backers.
  • The company plans a dozen missions over 18 months, additional LEO and GEO demonstrations, and deliveries of Jackal and Mosaic into U.S. Space Force programmes.
  • The financing supports expansion from 250 employees at year-end 2025 to more than 500 by year-end 2026, alongside higher spacecraft and software delivery capacity.

Company context

True Anomaly builds autonomous spacecraft, mission software and payloads for U.S. and allied space-security operations. Jackal orbital vehicles pair with its Mosaic autonomy platform for rendezvous, proximity operations, sensing and command-and-control. Its April 2026 financing combined $600M of Series D equity with $50M of debt at a $2.2B COI-derived post-money valuation.

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