Anduril, an AI military start-up, is nearing a funding round led by Founders Fund that could double its value to $28 billion. The funding seeks to raise up to $2.5 billion with Founders Fund investing $1 billion, a record amount for the firm. Anduril specializes in autonomous military systems, including drones and surveillance technology, and represents a shift in Silicon Valley's enthusiasm toward defense contracts after years of reluctance. The backing from influential investors like Peter Thiel signals growing strategic interest in military technologies, especially with ongoing support for defense from political figures such as Trump.
Founders Fund is preparing to invest $1 billion into Anduril, making it the largest check written by the firm. This funding round may double Anduril's valuation to $28 billion.
Anduril is part of a new wave of companies creating autonomous military systems, reflecting a growing enthusiasm for defense technology start-up investments in Silicon Valley.
Collection
[
|
...
]