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    ITNewspapersThe Economic Times

    US defence firm Anduril raises $5 billion, doubling its valuation to $61 billion

    Binu Mathew
    By Binu MathewMay 16, 2026

    Defence technology start-up Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion.

    The California-based start-up’s latest funding round was led by venture capital firms ‌Thrive ⁠Capital and ⁠Andreessen Horowitz.

    Anduril said over the past year, it has more than doubled its revenue to $2.2B in 2025, and nearly doubled its workforce.

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