Anduril Industries Hits $61 Billion Valuation Following Massive $5 Billion Funding Round
Anduril Industries, a California-based defense technology startup, announced on May 13 that it successfully closed a $5 billion Series H funding round, effectively doubling the company’s valuation to $61 billion. Led by major venture capital firms Andreessen Horowitz and Thrive Capital, the financing signals a dramatic shift in how private equity markets perceive the defense…