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Defense tech company Anduril in talks to raise funding at about $100 billion valuation
Reuters reports the defense tech firm could add $40 billion in value as demand for drones and AI weapons lifts sector funding above $12 billion.
Defense tech company Anduril is reportedly raising a new round of capital that could push its valuation to around $100 billion, according to Reuters, marking a $40 billion jump from its previous round.
Rising demand for autonomous systems and AI in warfare has driven an unprecedented revival in the defense tech sector, with venture funding exceeding $12 billion in the first six months of this year.
Earlier this year, Anduril raised $5 billion at a $61 billion valuation, roughly double the $30.5 billion valuation it secured in its June 2025 funding round.
Other defense startups are capitalizing on the sector boom: Europe's Helsing raised $1.8 billion at an $18 billion valuation this month, while Shield and Mach Industries secured significant capital.
Anduril may structure the fundraise as a two-stage process, with both tranches potentially closing within the year, though executives continue to sidestep questions about a potential public offering.