Defense Tech Giant Anduril Hits $30.5B Valuation After Massive $2.5B Funding Round
Anduril Industries, a defense technology firm, has secured a $30.5 billion valuation following a $2.5 billion Series G funding round led by Founders Fund. The investment marks the largest single commitment in the firm's history, with $1 billion coming from Founders Fund alone. Demand for the round exceeded availability by eight times, underscoring robust investor confidence.
The company's revenue doubled to $1 billion in 2024, driven by a flagship U.S. Army contract for augmented and VIRTUAL reality military systems. Anduril's partnership with Meta to develop mixed-reality defense technology further solidifies its position as a key player in the evolving defense tech landscape.