Anduril Secures $2.5B Funding Led by Founders Fund at $30.5B Valuation

In a landmark funding event, defense technology startup Anduril has secured a massive $2.5 billion in its Series G round, led by Founders Fund with a historic $1 billion investment—the largest check the firm has ever written. This round has propelled Anduril's valuation to an impressive $30.5 billion, doubling its worth and signaling strong investor confidence.

The fundraising round was over eight times oversubscribed, indicating a high demand from investors eager to participate beyond the shares available. Existing investors also increased their stakes, underscoring faith in Anduril’s growth trajectory.

Anduril specializes in autonomous weapons systems and the software that controls them, a sector that has seen rapid expansion amid rising defense technology needs. The company doubled its revenue in 2024, reaching approximately $1 billion, demonstrating strong market adoption and operational scaling.

A significant catalyst for Anduril’s growth is its acquisition of a major U.S. Army contract to develop advanced augmented reality (AR) and virtual reality (VR) headsets for soldiers. Originally awarded to Microsoft with a $22 billion budget, this contract was reassigned to Anduril in early 2025, marking a pivotal shift in defense tech partnerships.

This contract not only boosts Anduril’s revenue prospects but also fosters collaboration with former competitors. For instance, Anduril’s founder Palmer Luckey publicly forgave Meta, his former employer, as the two companies announced a partnership to co-develop devices for the Army’s AR/VR project.

Trae Stephens, Anduril’s executive chair and co-founder who is also a partner at Founders Fund, disclosed the new funding details during an interview on Bloomberg Television, highlighting the strategic importance of this capital infusion for scaling production and innovation.

Why This Funding Round Matters

The sheer size and oversubscription of this round reflect the growing appetite for defense technology investments, especially in autonomous systems and soldier augmentation. Anduril’s ability to double revenue and secure a landmark government contract positions it as a leader in a highly competitive and strategic market.

For investors and industry watchers, Anduril’s trajectory offers insights into how defense startups can leverage innovation, government partnerships, and strategic funding to scale rapidly. The collaboration with Meta also signals a new era of cross-industry partnerships that could accelerate technology development.

Looking Ahead

With this new capital, Anduril is poised to accelerate development of cutting-edge autonomous defense systems and soldier augmentation technologies. The company’s success underscores the critical role of innovation in national security and the increasing convergence of software, hardware, and AI in defense.

As defense technology evolves, Anduril’s journey offers a blueprint for startups aiming to transform military capabilities through advanced software and autonomous solutions. The infusion of $2.5 billion is not just a financial milestone but a strategic leap toward redefining defense innovation.