Anduril raises $5 billion, doubles valuation to $61 billion.
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Anduril raises $5 billion, doubles valuation to $61 billion. By May 13, 2026 No Comments 3 Mins Read As the year began, Anduril again experienced a large influx of capital. A funding round that was rumored to be underway in March has officially closed. Anduril has raised a $5 billion Series H round at a valuation of $61 billion, led by returning investors Thrive Capital and Andreessen Horowitz, the company announced Wednesday. That's more than double its valuation less than a year ago, when it raised $2.5 billion at a $30.5 billion valuation led by Founders Fund. (Founders Fund told TechCrunch at the time that it had invested a $1 billion check, the largest check it had ever written.) The latest increase comes as the nine-year-old defense technology company doubled its 2025 revenue to $2.2 billion, CEO Brian Shimp said in a blog post announcing the increase. What's interesting is that while Anduril is the clear winner among VC investors, the Pentagon has already shown signs that it won't be fixated on either rising star startup. Another US drone company, Shield AI, recently had its software selected by the Air Force to work with Anduril's Fury autonomous fighter, rather than awarding the entire hardware and software contract to one party or the other. Still, Anduril rarely gets hurt by sharing. In the past few weeks, the company has announced a number of deals...
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