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Founders Fund has led one other, huge spherical for protection tech startup Anduril with a $1 billion funding as a part of a brand new $2.5 billion increase, the most important test the agency has ever written. Current traders additionally piled in, an Anduril spokesperson tells TechCrunch.
Anduril has now doubled its valuation to $30.5 billion with this collection G increase. An Anduril spokesperson says the spherical was over 8x occasions oversubscribed, which means many extra traders wished to purchase than the quantity of inventory Anduril was promoting.
Anduril, which makes autonomous weapons and software program to regulate them, says the brand new funding was raised after the corporate doubled its income in 2024 to about $1 billion.
The corporate can also be having fun with a tailwind from being granted the U.S. Military’s huge contract for growing new AR/VR headsets for troopers. The contract was initially granted to Microsoft with a complete $22 billion funds, however was reassigned to Anduril in February. That contract is such a giant deal, it even induced Anduril founder Palmer Luckey to publicly forgive his former employer Meta final week as the 2 corporations introduced a partnership to create units for the venture.
Anduril Govt chair and co-founder Trae Stephens, who can also be a Founder’s Fund accomplice, disclosed the brand new funding on an interview on Bloomberg Tv.
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