Anduril, the defense technology company founded by Palmer Luckey, is currently undergoing a substantial funding round that could potentially value the company at $60 billion. This new investment effort is being spearheaded by Thrive Capital and Andreessen Horowitz, as reported by The Wall Street Journal. Notably, this funding round follows closely on the heels of Anduril’s Series G round, which concluded last June, raising $2.5 billion with a $30 billion valuation. Lux Capital and Founders Fund are also anticipated to join in this financing.
According to a previous Bloomberg report, this latest funding round might inject up to $8 billion into Anduril, building on the momentum from its previous funding cycle last year. Despite Anduril’s financial successes, the defense startup landscape is facing challenges. A recent contract dispute between Anthropic and the Pentagon has prompted the U.S. government to terminate all contracts with the AI company. Secretary of Defense Hegseth has even hinted at classifying the company as a supply-chain risk.
Anduril’s CEO, Palmer Luckey, has expressed support for the government’s position, emphasizing the importance of maintaining governmental control over critical infrastructure. In a recent public statement, Luckey highlighted the significance of upholding the principles of the constitutional republic and avoiding undue influence from external entities.
Source: TechCrunch