Anduril secures $30.5 billion valuation in latest fund raise

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Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday.

This round more than doubled the Palmer Luckey-founded company’s valuation, from $14 billion last year when it raised $1.5 billion.

The development confirms a Reuters report from February, which said Anduril was in talks to raise as much as $2.5 billion, with tech billionaire Peter Thiel‘s Founders Fund set to lead the round.

Anduril said on Thursday that Founders Fund made a…



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Anduril secures $30.5 billion valuation in latest fund raise


Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday.

This round more than doubled the Palmer Luckey-founded company’s valuation, from $14 billion last year when it raised $1.5 billion.

The development confirms a Reuters report from February, which said Anduril was in talks to raise as much as $2.5 billion, with tech billionaire Peter Thiel‘s Founders Fund set to lead the round.

Anduril said on Thursday that Founders Fund made a…



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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