Anduril in Costa Mesa Clinches Funding at $30.5 Billion Valuation
- Anduril Industries, a defense tech company based in Costa Mesa, raised $2.5 billion in a funding round valuing it at $30.5 billion on Thursday.
- The financing led by Peter Thiel's Founders Fund, which contributed $1 billion, followed reports in February and coincided with Anduril taking over Microsoft's Army AR headset program.
- Anduril also announced a recent deal with Meta to develop virtual and augmented reality devices for the U.S. Army, supporting its expansion into defense manufacturing and software.
- Executive Chairman Trae Stephens said this was Founders Fund's largest investment ever and that the company is preparing for a public offering in the medium term but is not on a rapid IPO path.
- The new funds aim to bolster Anduril's capacity to scale for national security challenges and expand production infrastructure amid growing demand for defense technology.
16 Articles
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Anduril in Costa Mesa clinches funding at $30.5 billion valuation
By Ed Ludlow | Bloomberg Anduril Industries in Costa Mesa has closed a new funding round of $2.5 billion, a deal that more than doubles the defense startup’s valuation to $30.5 billion, Executive Chairman Trae Stephens said Thursday. The latest capital injection and increased valuation — up from $14 billion last year — underscores how quickly the company is establishing itself as a major player in the corporate landscape of American national sec…
Anduril Secures $30.5 Billion Valuation in Latest Fund Raise
With massive funding round and $31 billion valuation, Anduril is nearing the size of defense industry giants it wants to displace
Defense company Anduril, which builds autonomous drones, virtual reality headsets, and other AI-powered technologies for the U.S. military and its allies, said it had closed an oversubscribed $2.5 billion funding round on Thursday. The new funding round, which has more than doubled the company’s valuation to $30.5 billion, was led by Peter Thiel’s Founders Fund, which invested $1 billion in the round—the fund’s largest check ever, according to t…
Defense Startup Anduril Clinches Funding at $30.5 Billion Valuation
Anduril Industries Inc. has closed a new funding round of $2.5 billion, a deal that more than doubles the defense startup’s valuation to $30.5 billion, its executive chairman Trae Stephens said in an interview on Bloomberg Television.
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