Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion.

Synopsis Defence tech firm Anduril Industries has secured a massive $5 billion funding, catapulting its valuation to $61 billion. This surge follows a year of significant growth, with revenue doubling to $2.2 billion and workforce expansion. Investors are increasingly backing defence innovators amidst global geopolitical shifts. Listen to this article in summarized format Defence technology start-up Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion. The California-based start-up's latest funding round was led by venture capital firms ‌Thrive ⁠Capital and ⁠Andreessen Horowitz. Anduril said over the past year, it has more than doubled its revenue to $2.2B in 2025, and nearly doubled its workforce. Anduril's announcement comes ⁠after Reuters ‌reported in March that the company was seeking to raise ⁠about $4 billion from Thrive Capital and Andreessen Horowitz. Anduril was valued at $30.5 billion in a June 2025 funding round. Defence tech companies have taken centre stage in funding as investors rush to seize the opportunity created by ‌the ongoing U.S.-Iran war. The availability of abundant private capital is also enabling companies ⁠to raise larger funding rounds and remain private for longer. Anduril develops solutions, including a wide range of sensors and drones, and has gained prominence amid increasing calls for low-cost autonomous defence products. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Subscribe Now

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