Founders Fund in talks to back AI defence startup Anduril at $28 billion valuation

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AI-powered defense startup Anduril Industries is in talks for a new funding round that could hike the valuation of the Palmer Luckey-founded company to $28 billion, sources said on Friday.

Tech billionaire Peter Thiel‘s Founders Fund is set to lead the round, which could be as much as $2.5 billion, according to the sources, signaling strong appetite from investors in this fast-growing defense tech company. The round would come only months after its last raise of $1.5 billion at a $14 billion valuation in August.

Founders Fund has been a backer of…



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Founders Fund in talks to back AI defence startup Anduril at $28 billion valuation


AI-powered defense startup Anduril Industries is in talks for a new funding round that could hike the valuation of the Palmer Luckey-founded company to $28 billion, sources said on Friday.

Tech billionaire Peter Thiel‘s Founders Fund is set to lead the round, which could be as much as $2.5 billion, according to the sources, signaling strong appetite from investors in this fast-growing defense tech company. The round would come only months after its last raise of $1.5 billion at a $14 billion valuation in August.

Founders Fund has been a backer of…



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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