Tech and AIAnduril in talks to raise up to $2.5B at...

Anduril in talks to raise up to $2.5B at $28B valuation

-


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.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

U.K.’s International AI Safety Report Highlights Rapid AI Progress

A new report published by the U.K. government says that OpenAI’s o3 model has made a breakthrough on...

These Altcoins Extend Losses as BTC Faced Rejection at $100K (Weekend Watch)

Bitcoin’s price struggles continue as the asset was violently rejected at $100,000 yesterday and pushed south by over...

Do Kwon transferred crypto from prison after police failed to seize keys, report

Do Kwon has allegedly been able to make crypto payments from prison after authorities took 72 days to...

On-Chain AI Platform Atua AI (TUA) Unlocks Scalable Solutions with Ripple XRP Integration

… , and operational flexibility. Media Contact ...

Advertisement

Tether and Reelly Partner to Bring Stablecoin Transactions to Over 30,000 UAE Real Estate Agents

Tether has partnered with Reelly Tech to integrate USDT transactions into the UAE real estate market, allowing 30,000+...

Must read

U.K.’s International AI Safety Report Highlights Rapid AI Progress

A new report published by the U.K. government...

These Altcoins Extend Losses as BTC Faced Rejection at $100K (Weekend Watch)

Bitcoin’s price struggles continue as the asset was...

You might also likeRELATED
Recommended to you