Defense Tech Firm Anduril Secures $5 Billion in Funding, Valuation Doubles to $61 Billion

Deep News05-13

Defense technology startup Anduril Industries announced on Wednesday the completion of a $5 billion funding round, doubling its valuation to $61 billion.

The latest funding round for this California-based company was led by Thrive Capital and Andreessen Horowitz.

Key points of this financing:

Anduril stated its revenue has more than doubled over the past year, reaching $2.2 billion in 2025, with its workforce also nearly doubling. Reuters reported in March that the company planned to raise approximately $4 billion from Thrive Capital and Andreessen Horowitz, which has now been officially confirmed. The company was valued at $30.5 billion in a funding round in June 2025. Ongoing U.S.-Iran conflicts have created investment opportunities, making defense technology firms a focal point for capital market financing. Ample private capital is also enabling companies to secure larger funding rounds and remain private for longer periods. Anduril specializes in developing various sensors, drones, and other defense solutions, experiencing rapid growth amid rising demand for low-cost autonomous defense products.

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