Defense company Anduril Industries said today it has raised an additional $5 billion in financing, bringing the company’s valuation to $61 billion.
The Series H round was led by Thrive Capital and Andreessen Horowitz, Costa Mesa-based Anduril said.
Anduril CEO Brian Schimpf said in a statement that the financing “gives us the ability to continue investing aggressively in manufacturing capacity, research and development, and the infrastructure required to build and field advanced defense systems at scale.”
For further details, see the May 18 print edition.
