Anduril is valued at over $28 billion in new funding
(Bloomberg) – Anduril Industries Inc., a new funding round that raises $2.5 billion, doubles its valuation to more than $28 billion, according to anyone familiar with the issue. We are discussing how to make this.
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The new valuation represents a surge in the fate of the arms maker, which raised $1.5 billion a few months ago.
Founders Fund, a venture backed by billionaire Peter Thiel, said it would be leading the transaction and asked not to identify any discussion of personal information. CNBC previously reported news of the transaction.
Representatives of Anduril and Founders Fund did not comment on the contract consultation.
Andrill’s chairman Trae Stephens is also partl of the Founders Fund. The company is a longtime supporter of defense technology startups. Stevens also consulted with President Donald Trump about plans to revamp the US military.
Ventured back startups have long advocated to shake up the current Pentagon sourcing process to introduce more new technologies.
Anduril is currently planning to set up a factory in Ohio to build an autonomous weapons system. The California-based company says it plans to invest nearly $1 billion in the new facility.
Anduril’s latest round of $28 billion valuation does not include the latest funds, the person said. As a result, the most common measurements, which are the so-called post-money ratings of the company, are even higher.
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