The Week’s Biggest Funding Rounds: Defense Tech Leads Week With Anduril’s $2.5B Raise

The Week’s Biggest Funding Rounds: Defense Tech Leads Week With Anduril’s $2.5B Raise

Software may be eating the world, but it was hardware-intensive startups that scooped up this week’s largest funding rounds, including heavily funded defense tech unicorn Anduril Industries, and orbital spacecraft developer Impulse Space.

Founders Fund leads $2.5bn Anduril funding round as valuation doubles to $30.5bn

Founders Fund has led a landmark $2.5bn Series G funding round in US defence tech company Anduril Industries, with the $1bn cornerstone commitment marking the largest single investment in the venture firm’s history, according to a report by Bloomberg. The round more than doubles Anduril’s valuation to $30.5bn, up from $14bn in 2023, as the firm positions itself at the heart of the next generation of national security and defence innovation. Andu…

Anduril Industries raises $2.5bn funding, valuation hits $30.5bn

Anduril Industries has closed a $2.5bn funding round, significantly increasing its valuation to $30.5bn. The defence technology company aims to establish itself as a key player in the American national security sector.  This funding round was led by Founders Fund, with a $1bn investment, marking the largest check in the venture capital firm’s history. As per a filing with the SEC, Founders Fund finalised a $4.6bn late-stage venture fund in April…

Defense Tech Unicorn Anduril Powers Up With $2.5B At $30.5B Valuation - Data Intelligence

Defense tech startup Anduril Industries has raised $2.5 billion in a Series G round of funding, more than doubling its valuation to $30.5 billion post-money, the company’s chairman, Trae Stephens, told Bloomberg TV on Thursday. Founders Fund, a venture firm where Stephens is also a partner, led the financing. Stephens told Bloomberg TV that as Anduril continued to grow, it was “really important to shore up the balance sheet and make sure” it had…

Anduril raises $2.5B in funding to finance manufacturing initiatives – SiliconANGLE

Anduril develops hardware systems for the defense sector. Its product portfolio includes aircraft, autonomous submarines, edge computing devices and a ...http://dlvr.it/TLBnwy

Anduril raises $2.5B in funding to finance manufacturing initiatives - SiliconANGLE

Defense technology startup Anduril Industries Inc. today announced that it has raised $2.5 billion in new funding. Lead investor Founders Fund contributed $1 billion to the round. According to Anduril, a number of unnamed returning backers participated as well. The investment values the company at $30.5 billion, more than double what it was worth following […] The post Anduril raises $2.5B in funding to finance manufacturing initiatives appeared…