Defense Tech Startup Anduril Doubles Valuation to $61 Billion with New Funding Round
Anduril, a defense technology startup founded by Palmer Luckey in 2017, has raised $5 billion in funding led by Thrive Capital and Andreessen Horowitz. This round doubled its valuation from $30.5 billion to over $61 billion as the company prepares for an anticipated IPO. The funds will be used to scale manufacturing, research, and infrastructure to support U.S. defense systems amid rising geopolitical tensions.
