Defense tech company Anduril is said to be raising a new round of capital that may push its valuation up by a whopping $40 billion to about $100 billion, Reuters reported, citing anonymous sources.
The company, which raised $5 billion in May at a $61 billion valuation — itself roughly double the $30.5 billion valuation it landed in its June 2025 Series G round — may be structuring the fundraise as a two-stage process, with the second stage bringing in investors at a higher valuation. Both tranches could be closed within the year, Reuters reported.
