VC/PE

AnySignal Raises $24M Series A for Radio Production

Image: AnySignal
Image: AnySignal

A California startup building new radio tech for space raised more funding to scale production space and people in response to demand.

AnySignal announced this morning that it closed a $24M Series A, and is moving into a larger manufacturing facility to jumpstart production of its radio products for space and defense clients.

  • Upfront Ventures led the round, which also included participation from BlueYard Capital, First In Ventures, and others.
  • The company has raised $32M in funding to date.

AnySignal has four operational missions in orbit—a number that’s expected to grow dramatically in 2026 with the planned launches of a dozen missions, split between LEO, GEO and the Moon.

Call me, beep me: Every satellite needs to be able to connect and communicate with operators on the ground and beam information home. That’s not as easy and straightforward as it sounds—comms infrastructure for satellites involves hardware on the ground and in space, as well as cloud services. 

“We’ve just found that the space communications market…it’s fairly fragmented with regard to the components you buy, the software you write, the networks you connect to,” John Malsbury, CEO of AnySignal, told Payload. “So a lot of our energy for the past two and a half, three years has gone into creating a very easy-to-use, end-to-end solution that just makes things more robust and reliable, [and] gives you higher performance.”

Growing pains: AnySignal ran out of space in its manufacturing facility in El Segundo, CA pretty quickly.

“We found we had a pretty good product market fit, and it had some strong traction, and then…we had sold more than we could possibly keep up with manufacturing in this little facility,” Malsbury said.

AnySignal is about to move into a larger manufacturing facility, where it aims to scale production from a maximum of ~100 radios per year to between 1,000 and 2,000 a year. 

The company is also expanding the team—AnySignal employs just under 40 people, but Malsbury expects headcount to surpass 100 individuals by the end of next year.

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