Landmark Investment from Founders Fund
Anduril Industries, the defense technology firm co-founded by Oculus creator Palmer Luckey, has raised $2.5 billion in its latest Series G funding round in June 2025. This raise brings its valuation to $30.5 billion, more than doubling the $13 billion valuation it held in August 2024. The round signals strong investor confidence in Anduril’s advanced defense technologies and autonomous systems strategy.
The funding was led by Founders Fund, the venture capital firm backed by Peter Thiel. Founders Fund contributed $1 billion, marking the largest single investment in the firm’s history. Executive Chairman and Founders Fund partner Trae Stephens confirmed the investment during a Bloomberg Television appearance, adding that investor demand outpaced available shares by a factor of eight to ten.
Fueling Hyperscale Production and Manufacturing
The new capital will enhance Anduril’s financial strength and support its aggressive expansion into large-scale defense manufacturing. Stephens noted the funds are critical to building the infrastructure required to meet national security needs at scale.
Anduril has already invested nearly $1 billion of its own capital into Arsenal-1, a production facility near Rickenbacker International Airport. Arsenal-1 is designed to deliver hyperscale output of autonomous systems, with annual capacity in the tens of thousands and plans to create over 4,000 direct jobs.
Product Focus: AI, Drones, and Defense Software
Founded eight years ago, Anduril specializes in developing autonomous systems and AI software for defense applications. Its product suite includes:
- Ghost, Altius, and Anvil drones capable of carrying weapons and performing autonomous operations
- Lattice software, an open command and control platform for integrating autonomous systems
- Military-grade augmented reality headsets used in tactical field environments
These tools are part of Anduril’s broader mission to modernize national defense through real-time automation, AI, and scalable technology.
Surging Revenue and Strategic Contracts
Anduril reported approximately $1 billion in revenue in 2024, nearly doubling its performance from the prior year. It also secured defense contracts totaling around $1.5 billion, reinforcing its growing role in U.S. military modernization.
In February 2025, the company took over responsibility for Microsoft’s Integrated Visual Augmentation System (IVAS), a program initially valued at $22 billion. Anduril followed that move with a new partnership with Meta Platforms Inc. to co-develop augmented and virtual reality systems for military use. The collaboration also marked a public reconciliation between Palmer Luckey and Meta, his former employer, after a period of separation following Facebook’s acquisition of Oculus.
The Bottom Line
Anduril’s $2.5 billion Series G raise in June 2025 reinforces its position as a dominant force in defense technology. With a $30.5 billion valuation and a robust portfolio of AI-powered systems, the company is uniquely positioned to lead the next generation of national security innovation.
Access Private Securities with FNEX
FNEX offers institutional investors direct access to a secondary marketplace of pre-IPO private securities, connecting buyers and sellers across the private market with speed and transparency. FNEX provides exclusive access to late-stage opportunities, supported by proprietary trade data and market insights to enhance decision-making in the private securities space.
LEARN MORE ABOUT FNEX PRE-IPO MARKET
Contact FNEX today to gain an edge in the evolving pre-IPO secondary market.
References
- The Tech Portal – https://thetechportal.com/2025/06/06/defence-upstart-anduril-valued-at-30bn-in-latest-fundraise/
- Crunchbase News – https://news.crunchbase.com/venture/biggest-funding-rounds-defense-space-anduril-impulse/
FNEX strives to be a thought leader in the private market. Follow us on LinkedIn for alerts on the latest market insights: https://www.linkedin.com/company/fnex/.
Disclaimer: This material does not constitute tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through FNEX Capital, member FINRA, SIPC.
