Anduril closes $5B Series H at $61B valuation
Anduril closed a $5 billion Series H led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion.
Evidence notes
- The completed round replaced earlier reports that Anduril was seeking about $4 billion at a roughly $60 billion valuation.
- Returning investors Thrive Capital and Andreessen Horowitz co-led the financing.
- The raise gives Anduril additional capital for defence-system development and production expansion.
Company context
Anduril builds defence technology systems spanning autonomous air vehicles, counter-UAS, maritime autonomy, sensing towers, electronic warfare, command software and deployable infrastructure. Its portfolio is tied together by Lattice, the company command-and-control and autonomy software layer.