Anduril Bags $200M in New Funding, Valuation is Up At $1.9 Billion!

: July 02, 2020

Anduril Bags $200M in New Funding With A $1.9 Billion Valuation!





A defense technology company that invents products to make America safer. Anduril pioneers life-saving AI platforms for protecting troops, performing search & rescue missions, fighting drug cartels, defending energy resources, combating wild fires, stopping human traffickers and much more.


The company has raised $200M in a new Series C funding with a $1.9 billion valuation, nearly doubled from the previous $1 billion valuation in September 2019. The financing was led by Andreessen Horowitz, the company's other investors include Founders Fund, Oculus, 8VC, General Catalyst, XYZ Ventures, Spark Capital, CNBC etc. With this new round Anduril brings the total amount raised to $241M.


Anduril is advancing a new model for accelerated defense product development. Anduril’s technology ethos is founded in their leaders’ experience delivering cutting-edge consumer hardware and national security software, leveraging off-the-shelf components with custom engineering to bring products to market faster, cheaper and more effectively than ever before. Anduril's AI platform has had countless successful events, from stopping truckloads of drugs entering the US to catching criminals.


Anduril works closely with critical government departments on the front lines of life-saving operations. The Anduril Lab is a custom designed, world-class, R&D and prototyping facility for next-gen defense. The Lab features the latest technology for both prototyping and deployment under one roof. It is one of the only companies applying artificial intelligence in real world field conditions. That means Anduril’s Sentry Towers and Lattice Ghost Drones are currently being used to stop drug cartels and protect military bases.