đź“ť Anduril raising $2.5B

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Defense tech company Anduril is in talks to raise up to $2.5 billion at a $28 billion valuation, doubling its worth just six months after a $1.5 billion round valued it at $14 billion. Founders Fund, which has backed Anduril since its seed round, is reportedly leading the deal with a $1 billion investment—its largest ever. The company, founded by Palmer Luckey and others, recently announced plans for a billion-dollar weapons megafactory in Ohio and saw its revenue double to $1 billion in 2024. Anduril declined to comment.

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