Anduril in Talks for New Funding Round at $100B Valuation
Defense technology firm Anduril is reportedly seeking to raise new capital, potentially pushing its valuation from $61 billion to as high as $100 billion. The funding may be structured in two stages and could close within the year. This follows a significant increase in venture investment into defense tech due to rising demand for drones, autonomous systems, and AI-driven warfare solutions amid ongoing global conflicts. The company has seen rapid growth, signing contracts with multiple U.S. military branches as well as international clients like NATO and Poland. In May 2026, Anduril reported revenue of $2.2 billion in 2025 — more than double the previous year's figure. The broader defense tech sector is also experiencing a surge, with venture funding for startups exceeding $12 billion in just six months. Other firms like Mach Industries and Shield AI have similarly seen valuation increases as they shift toward producing lower-cost 'attritable' systems rather than traditional expensive equipment.
Topics: defense tech startups valuation increase venture capital