ChainCatcher report: U.S. defense technology company Anduril has announced the completion of a $5 billion Series H funding round, bringing its post-money valuation to $61 billion. The round was led by Thrive Capital and a16z. In a letter to investors, CEO Brian Schimpf stated that the company achieved $2.2 billion in revenue in 2025, with both revenue and employee count nearly doubling over the past year. Anduril has delivered its first international project to the Royal Australian Navy and completed an autonomous flight demonstration for the U.S. Air Force’s unmanned combat aircraft program. Anduril plans to significantly increase investment in high-volume manufacturing, AI and autonomous systems, the sensing and command-and-control platform Lattice, and the Arsenal-1 factory and ArsenalOS production system to meet evolving defense demands in the context of industrialized warfare and great power competition.
Anduril Completes $5 Billion H-Round Funding, Valuation Reaches $610 Billion
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Summary
Anduril announced a $5 billion Series H funding round in a major project funding update, raising its valuation to $61 billion. Thrive Capital and a16z led the round. CEO Brian Schimpf stated in a project announcement that 2025 revenue is projected to reach $2.2 billion, with revenue and staff nearly doubling over the past year. The company has delivered its first international project to the Royal Australian Navy and conducted autonomous flight tests for the U.S. Air Force. Anduril will focus on AI, autonomous systems, and high-volume manufacturing to meet defense demands amid the rise of industrialized warfare.
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