Anduril closes a $5B round at a $61B valuation

Anduril Industries

Anduril announced a $5 billion Series H led by Thrive Capital and Andreessen Horowitz, valuing the company at $61 billion. The funding more than doubled Anduril's valuation from $30.5 billion a year prior, as the company scaled autonomous systems and weapons for faster targeting and long-range strike capabilities.

• $5 billion Series H at $61 billion post-money valuation.
• Led by Thrive Capital and Andreessen Horowitz.
• Valuation more than doubled from $30.5B in May 2025.
• Highest valuation of any defense-technology startup in the world.