Anduril Eyes $4B Raise That Could Push Valuation to $60B
Defense tech giant Anduril is raising a massive round co-led by Thrive Capital and a16z, nearly doubling its valuation.
Anduril Industries is going big. The defense tech startup is looking to raise roughly $4 billion in a new funding round that would nearly double its valuation to approximately $60 billion.
The round is being co-led by Josh Kushner's Thrive Capital and Andreessen Horowitz — two of the most aggressive venture firms in tech right now.
A $60 billion valuation would put Anduril in rarified air among private companies, cementing its position as one of the most valuable startups on the planet. The company has been on a tear building autonomous defense systems and military hardware.
At $4 billion, this is one of the largest private funding rounds in recent memory. The defense tech sector continues to attract eye-watering capital as investors bet heavily on next-generation military technology.