Anduril Raises $5 Billion Series H at $61 Billion Valuation to Expand…

Team S · 2026-05-14T15:18:08.000Z

🇺🇸 Defense technology startup Anduril Industries has raised $5 billion in a massive Series H funding round, pushing the company’s valuation to approximately $61 billion as investor demand surges around AI-powered defense infrastructure and autonomous military systems. The round was led by Founders Fund, with participation from major institutional investors and strategic backers focused on defense, AI, and national security technologies. Founded in 2017 by Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, and Joseph Chen, Anduril develops autonomous defense systems, AI-powered surveillance platforms, military drones, autonomous underwater vehicles, and advanced battlefield operating systems for U.S. and allied defense agencies. The company has rapidly become one of the world’s most valuable defense technology startups amid growing geopolitical tensions and rising government spending on AI-enabled military capabilities. Anduril’s flagship Lattice platform integrates artificial intelligence, sensor fusion, autonomous systems, and real-time battlefield intelligence into a unified defense operating environment. The company currently works with the U.S. Department of Defense, U.S. Customs and Border Protection, allied governments, and major defense agencies globally across surveillance, border security, autonomous warfare, and maritime defense applications. The newly raised capital will be used to expand manufacturing infrastructure, accelerate autonomous weapons and drone development, strengthen AI capabilities, scale production facilities, and deepen partnerships with government and defense customers. Anduril has been investing heavily in vertically integrated manufacturing and software-defined defense systems as it competes with traditional defense contractors. The funding comes during a major shift in the global defense sector where venture-backed defense startups are increasingly challenging legacy military contractors through faster innovation cycles, AI-native architectures, autonomous systems, and software-centric warfare technologies. Defense technology has emerged as one of the fastest-growing segments within venture capital over the last two years, driven by increasing geopolitical instability, AI advancements, and rising NATO and allied defense budgets.

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