Anduril raises $2.5B at $30.5B valuation led by Founders Fund

Founders Fund has led another, enormous round for defense tech startup Anduril with a $1 billion investment as part of a new $2.5 billion raise, the largest check the firm has ever written. Existing investors also piled in, an Anduril spokesperson tells TechCrunch. Anduril has now doubled its valuation to $30.5 billion with this Series G raise. The contract was originally granted to Microsoft with a total $22 billion budget but was reassigned to Anduril in February. Anduril executive chair and co-founder Trae Stephens, who is also a Founder’s Fund partner, disclosed the new funding in an interview on Bloomberg Television.