US defence technology company Anduril Industries has raised $5 billion in fresh funding, pushing its valuation to $61 billion and making it one of the world’s most valuable private tech firms.
The company, founded in 2017, builds advanced defence systems including drones, surveillance platforms and AI-powered military software used by the US and allied governments. The latest investment reflects growing global interest in defence technology as countries increase spending on security and military modernisation.
The funding round was led by major venture capital firms including Thrive Capital and Andreessen Horowitz. Anduril said the money will be used to expand manufacturing, develop new technologies and strengthen its AI-based defence systems.
The company has grown rapidly in recent years as governments focus more on autonomous weapons, border surveillance and artificial intelligence in military operations. Industry experts say global conflicts and rising geopolitical tensions have increased demand for advanced defence technology, attracting strong investor interest in companies like Anduril.
Anduril has also secured several contracts with the US government and defence agencies, helping boost its revenue and market value. Reports suggest the company’s revenue has doubled over the past year.
The rise of Anduril reflects a larger shift in the technology industry, where defence startups are now receiving strong support from investors after years of limited interest in military-focused businesses.
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