A California-based defense technology company announced Wednesday that it has successfully secured $5 billion in new investment funding, bringing its total valuation to $61 billion — exactly double its previous worth.
Anduril Industries completed this massive funding round with leadership from two major venture capital firms: Thrive Capital and Andreessen Horowitz.
The startup has experienced remarkable growth over the past 12 months, with company officials reporting that annual revenue has more than doubled to reach $2.2 billion in 2025. During this same period, Anduril has nearly doubled the size of its workforce.
This funding announcement follows earlier reports from March indicating that Anduril was pursuing approximately $4 billion in investment from the same venture capital partners. The company’s valuation has seen dramatic growth since June 2025, when it was valued at $30.5 billion.
The defense technology sector has become increasingly attractive to investors, particularly as private funding opportunities expand during the ongoing U.S.-Iran conflict. This environment has allowed companies to secure larger investment rounds while maintaining their private status for extended periods.
Anduril specializes in creating defense solutions that include various sensor technologies and drone systems. The company has gained significant attention as military and government agencies increasingly seek affordable autonomous defense technologies.
