Founders Fund has led a monumental $1 billion investment in defense technology startup Anduril, part of a $2.5 billion funding round during its Series G phase. This funding has nearly doubled Anduril's valuation to $30.5 billion, highlighting substantial investor confidence. The funding comes amid a remarkable revenue increase, with the company now generating around $1 billion in 2024. Anduril's recent achievement includes winning a major U.S. Army contract for AR/VR headsets previously awarded to Microsoft, further enhancing its market position and future potential.
Anduril has now doubled its valuation to $30.5 billion with this series G raise, showcasing significant investor interest and confidence in its business model.
The round was over 8x times oversubscribed, indicating strong demand among investors for Anduril's stock, further highlighting the company's growth and attractiveness.
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