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Anduril secures $30.5 billion valuation in latest fund raise

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Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday.

This round more than doubled the Palmer Luckey-founded company’s valuation, from $14 billion last year when it raised $1.5 billion.

The development confirms a Reuters report from February, which said Anduril was in talks to raise as much as $2.5 billion, with tech billionaire Peter Thiel‘s Founders Fund set to lead the round.

Anduril said on Thursday that Founders Fund made a…

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