Anduril secures $5B, valuation doubles to $61B

Friends, I’d like to share a defence-tech update: Anduril raised $5 billion in a Series H at a $61 billion valuation.

Key points:
• Round led by Thrive Capital and Andreessen Horowitz; valuation was $30.5B a year ago.
• CEO reports revenue doubled in 2025 to $2.2B.
• Company is expanding international contracts and participating in air-defence projects; the Pentagon maintains a multi-vendor approach (e.g., selecting Shield AI for the Fury software).

Why it matters: it underscores continued venture capital inflows into defence tech and intensifying competition among suppliers.

Do you think this will shift the balance between startups and traditional contractors?

#Anduril #defencetech #investments #defence