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Synopsis
Accel, an early and growth-stage venture capital firm, led a $260m Series C round in True Anomaly, an aerospace and defense technology company, with participation from Meritech Capital, Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya. "The threat to our Armed Forces and way of life from adversary capabilities in, from, and through space demands the complete focus of an innovative industrial partner. We are uniquely positioned to partner with the U.S. Government and its allies to place asymmetric, viable deterrence options into the hands of warfighters on record timelines. We're thrilled to partner with investors who share our vision and confidence in our modular, software-centric approach, and whose support accelerates our mission to deliver resilient, affordable space capabilities that keep our nation and its allies ahead of acute emerging challenges," said Even Rogers, True Anomaly Co-Founder and CEO.
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