Defense company Anduril Industries has secured a new funding round of $2.5 billion, bringing the company’s valuation to $30.5 billion, executive chairman Trae Stephens told Bloomberg Television.
Founders Fund, the venture capital firm backed by billionaire Peter Thiel, led the new funding round with a $1 billion investment, Stephens said in the interview today. The funding more than doubles the valuation of $14 billion registered last year.
Costa Mesa-based Anduril, co-founded by OC entrepreneur Palmer Luckey, makes various weapons and defense systems, seeking to overtake some of the nation’s largest defense contractors.
Bloomberg provided a synopsis of the Stephens interview in an article posted on the internet.
