Anduril in talks to raise up to $2.5B at $28B valuation

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Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC.

The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 billion check that represents its largest check ever. While Anduril founder Palmer Luckey is the face of the company, it names five men as co-founders, among them Founders Fund partner Trae Stephens. Founders Fund has been an investor in Anduril from the start, leading its seed round in 2017. It also co-led Anduril’s 2024 financing.

That previous round was to help pay for Anduril’s billion-dollar weapons megafactory it is building in Ohio. Sources also told CNBC that the company’s 2024 revenue doubled to $1 billion. Anduril declined further comment.



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Anduril in talks to raise up to $2.5B at $28B valuation


Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC.

The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 billion check that represents its largest check ever. While Anduril founder Palmer Luckey is the face of the company, it names five men as co-founders, among them Founders Fund partner Trae Stephens. Founders Fund has been an investor in Anduril from the start, leading its seed round in 2017. It also co-led Anduril’s 2024 financing.

That previous round was to help pay for Anduril’s billion-dollar weapons megafactory it is building in Ohio. Sources also told CNBC that the company’s 2024 revenue doubled to $1 billion. Anduril declined further comment.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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