MoneyThe story, in brief

Anduril raises $5B, doubles valuation to $61B

$5B. Anduril just doubled its valuation to $61B—here's why defense tech is suddenly a venture priority.

Paper-cut illustration of amber paths carrying capital toward a small coral research venture between larger buildings.
Capital and the next generation of AI ventures.AI illustration by KeyNews
The KeyNews take

Why it matters

Anduril's massive raise signals investor conviction in autonomous defense systems at scale. With $2.2B in 2025 revenue and a $61B valuation, the company is reshaping how venture capital flows into AI-first defense infrastructure—a category that's historically been government-only.

The key facts

5 to know
  1. Anduril raises $5B Series D

  2. Valuation doubles to $61B post-money

  3. 2025 revenue: $2.2B

  4. Led by Thrive Capital and a16z

  5. Defense tech/autonomous systems focus

Go to the source

TechCrunch Startupstechcrunch.com

Publisher excerpt: After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.
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