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

Another year, different monolithic influx of superior for Anduril: the backing circular that was rumored to beryllium successful process successful March has officially closed. Anduril has raised a $5 cardinal Series H circular astatine a $61 cardinal valuation, led by returning investors Thrive Capital and Andreessen Horowitz, the institution announced Wednesday.

This is much than treble the valuation it landed conscionable nether a twelvemonth ago, erstwhile it raised $2.5 cardinal astatine a $30.5 cardinal valuation led by Founders Fund. (Founder’s Fund invested a $1 cardinal check, the largest cheque it has ever written, it told TechCrunch astatine the time.)

This latest rise comes aft the nine-year-old defence tech institution doubled gross successful 2025 to $2.2 billion, CEO Brian Schimpf wrote successful a blog station announcing the raise.

Interestingly, arsenic overmuch arsenic Anduril is the clear-cut victor among VC investors, the Department of Defense is already giving signs that it won’t fastener itself into immoderate 1 rising-star startup.

Shield AI, different U.S. drone company, precocious had its software selected by the Air Force to enactment with Anduril’s “Fury” autonomous combatant jet, alternatively than granting the full hardware and bundle declaration to either 1 of them.

Still, Anduril is hardly hurting by sharing. In the past fewer weeks, it has announced a fig of contracts, expanding extracurricular the U.S., too.

In May it announced it was portion of a declaration with others to make a space-based “golden dome” antiaircraft strategy — a rocket defence shield designed to support the continental U.S. — for America. Anduril besides announced a declaration triumph from the Dutch Ministry of Defense and a U.S. Army declaration for conflict manager software, utilizing its Lattice level to analyse information from associated rocket defence systems.

"When we founded Anduril successful 2017, defence was not a class that attracted important task investment. That has changed meaningfully implicit the past respective years," Schimpf wrote successful the post.

It has. To connection conscionable a fewer caller examples: successful March, Shield AI raised $1.5 cardinal successful Series G backing astatine a $12.7 cardinal valuation. Last month, Hermeus, shaper of hypersonic unmanned combatant jets, raised $350 cardinal astatine a $1 billion+ valuation, led by Khosla Ventures. And European defence tech darling Helsing is reportedly adjacent to raising a caller $1.2 billion circular astatine astir an $18 cardinal valuation, led by Dragoneer and earlier Helsing capitalist Lightspeed.

Anduril has present raised more than $11 billion from investors altogether.