Anduril raises $200M Series C at $1.9B valuation

Jul 1, 2020 · Funding · Anduril Industries · Defense

Anduril raised $200 million in Series C funding led by Andreessen Horowitz at a $1.9 billion post-money valuation.

Anduril Industries company media
Company media · Anduril Industries
  • Andreessen Horowitz led the round.
  • The financing supported Anduril's expansion from border-security systems into a broader autonomous defence portfolio.
  • The round preceded later large-scale manufacturing and product expansion.

Anduril builds defence technology systems spanning autonomous air vehicles, counter-UAS, maritime autonomy, sensing towers, electronic warfare, command software and deployable infrastructure. Its portfolio is tied together by Lattice, the company command-and-control and autonomy software layer.