Anduril raises $5B, doubles valuation to $61B
Another year, another massive influx of capital for Anduril: the funding round that was rumored to be in process in March has officially closed. Anduril has raised a $5 billion Series H round at a $61 billion valuation, led by returning investors Thrive Capital and Andreessen Horowitz, the company announced Wednesday.
This is more than double the valuation it landed just under a year ago, when it raised $2.5 billion at a $30.5 billion valuation led by Founders Fund. (Founder’s Fund invested a $1 billion check, the largest check it has ever written, it told TechCrunch at the time.)
This latest raise comes after the nine-year-old defense tech company doubled revenue in 2025 to $2.2 billion, CEO Brian Schimpf wrote in a blog post announcing the raise.
Interestingly, as much as Anduril is the clear-cut winner among VC investors, the Department of Defense is already giving signs that it won’t...
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