Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC.
The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 billion check that represents its largest check ever. While Anduril founder Palmer Luckey is the face of the company, it names five men as co-founders, among them Founders Fund partner Trae Stephens. Founders Fund has been an investor in Anduril from the start, leading its seed round in 2017. It also co-led Anduril’s 2024 financing.
That previous round was to help pay for Anduril’s billion-dollar weapons megafactory it is building in Ohio. Sources also told CNBC that the company’s 2024 revenue doubled to $1 billion. Anduril declined further comment.
You Might Also Like
Chinese marketplace DHgate becomes a top US app as trade war intensifies
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the...
Hertz says customers’ personal data and driver’s licenses stolen in data breach
Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver’s...
OpenAI plans to phase out GPT-4.5, its largest-ever AI model, from its API
OpenAI said on Monday that it would soon wind down the availability of GPT-4.5, its largest-ever AI model, via its...
Google’s newest AI model is designed to help study dolphin ‘speech’
Google’s AI research lab, Google DeepMind, says that it has created an AI model that can help decipher dolphin vocalizations,...