Funding round
True Anomaly Series C
True Anomaly, which works in space defense solutions development in Centennial, raised $260M in a Series C round announced on 30 Apr 2025, led by Accel. 11 firms took part, 11 of them already investors. It is True Anomaly's third venture round on record; the one before was a Series B in Dec 2023.
$260M
Amount raised
Not disclosed
Post-money valuation
11
Investors
1 lead
Valuation
What this round says about the price
True Anomaly did not disclose a valuation in this round. It came 16 months after True Anomaly's Series B. It is 25% of the $1.03B True Anomaly has raised in the venture rounds on record. True Anomaly raised again 12 months later: a Series D round of $650M in Apr 2026, at $2.20B post-money.
True Anomaly's funding rounds
True Anomaly has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Accel led the round with 10 other firms. Accel, Meritech Capital, Eclipse and Riot Ventures and 7 more had backed True Anomaly before.
Lead investor
- Accel backs 581 venture-backed companies existing investor
Also in the round
- Meritech Capital existing investor
- Eclipse backs 79 venture-backed companies existing investor
- backs 19 venture-backed companies existing investor
- Menlo Ventures backs 215 venture-backed companies existing investor
- backs 59 venture-backed companies existing investor
- backs 41 venture-backed companies existing investor
- backs 9 venture-backed companies existing investor
- Champion Hill Ventures existing investor
- Narya existing investor
- Stifel Bank existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
18 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $224M, and this round was 1.2 times the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Apex Aerospace and Defence | 29 Apr 2025 | $200M | not disclosed | Point72 Ventures and 8VC |
| CHAOS Industries Aerospace and Defence | 2 May 2025 | $275M | $2.00B | New Enterprise Associates and Accel |
| Saronic Technologies Aerospace and Defence | 18 Feb 2025 | $600M | $4.00B | Elad Gil |
| Impulse Space Aerospace and Defence | 3 Jun 2025 | $300M | not disclosed | Linse Capital |
| Aerospace and Defence | 3 Feb 2025 | $65M | $500M | DFJ Growth |
| Hadrian Aerospace and Defence | 17 Jul 2025 | $260M | not disclosed | Founders Fund and Lux Capital |
| Stoke Space Aerospace and Defence | 15 Jan 2025 | $260M | not disclosed | not named |
| Varda Space Industries Aerospace and Defence | 10 Jul 2025 | $187M | $500M | Natural Capital and Shrug Capital |
Sources
Where this comes from
Reported by 9 sources.
Questions
Frequently asked
How much did True Anomaly raise in its Series C round?
True Anomaly raised $260M in its Series C round, announced in Apr 2025.
Who led True Anomaly's Series C round?
Accel led it, with Meritech Capital, Eclipse, Riot Ventures, Menlo Ventures and 645 Ventures and 5 more.
What was True Anomaly's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Aerospace and Defence?
18 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $224M, and this round was 1.2 times the median.
Did True Anomaly raise again after this round?
Yes: a Series D round in Apr 2026 of $650M at $2.20B post-money.