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April 17, 2023

Holland & Hart Represents True Anomaly in $17M Series A Funding

Holland & Hart represented True Anomaly, the company revolutionizing space security, stability, and sustainability, in its $17M Series A financing led by Eclipse, a leading US venture capital firm, in partnership with Riot Ventures, Champion Hill Ventures, Space.VC, and Narya. True Anomaly has come out of stealth mode and raised $30M in funding to date.

With this most recent round of funding, True Anomaly will validate the technical abilities and operational capabilities of the Jackal Autonomous Orbital Vehicle, its first spacecraft, and make the necessary investments to scale production later this year.

The Holland & Hart transactional team was led by Sue Oakes and Nate Davis, with assistance from Ben Gibbons and Lori Argall.

For more information, please see True Anomaly’s press release.

Holland & Hart’s Corporate attorneys have extensive experience advising clients from start-ups to public companies, at all stages of development, in a diverse range of industries including aerospace, technology, energy and resources, finance, healthcare, gaming, outdoor recreation, animal health, construction and building materials, and food, beverage, and consumer products industries.

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