ANDURIL TARGETS $100B VALUATION IN NEW FUNDING ROUND

AI DESK■ 1 MIN READ

FRI, JUL 24, 2026

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Defense tech startup Anduril is in talks to raise funding at a $100 billion valuation, more than tripling its value from last year, according to Reuters.

The funding round would represent a significant jump for the autonomous defense systems company, which was valued at around $30 billion in its previous round. Anduril, founded in 2017 by Palmer Luckey, develops autonomous drones, AI-powered defense systems, and other military technology. The company has attracted substantial investor interest as defense spending remains elevated globally. The reported valuation milestone places Anduril among the most valuable private companies in the U.S., alongside other defense and aerospace firms seeking to modernize military capabilities. Details on the funding round's size, lead investors, and timing remain unclear. Reuters did not specify whether the talks had concluded or if the round was still in negotiation stages. Anduril has raised over $1 billion from investors including Andreessen Horowitz, Founders Fund, and others in recent years.

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ANDURIL TARGETS $100B VALUATION IN NEW FUNDING ROUND

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