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Anduril Industries

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Anduril Industries builds autonomous defense systems - surveillance towers, drones, counter-drone weapons - tied together by its Lattice command software.

sentiment mix
bull 90%bear 0%neu 10%

funding rounds

private markets
latest round
Series H
Jun 2026 | $5B
post-money valuation
$61B post-money
+336% vs 2024 round
total raised
$11B+ disclosed
2 disclosed rounds | updated 2026-07-09
round progression
Series F
Aug 2024
$1.5B
Series H
Jun 2026
$5B
lead investors
  • Thrive Capitallead
  • Andreessen Horowitzco
dateroundamountvaluationinvestors
Jun 2026Series H$5B$61B post-moneyThrive Capital, Andreessen Horowitz
Aug 2024Series F$1.5B$14B post-moneyFounders Fund, Sands Capital

signal summary

latest high-conviction thesis
Anduril builds Arsenal 1 factory in 18 months, rolls first Fury autonomous fighter, announces Thunder attack helicopter▾

Anduril has achieved rapid manufacturing scale (Arsenal 1 operational in 18 months) and is expanding from drones to autonomous fighter aircraft (Fury) and attack helicopters (Thunder), leveraging software-defined manufacturing and government partnerships to secure supply chains.

trey stevensT1TBPN2026-07-31
confidence 88 / 100impact High
key themes
  • Defense Tech75%
  • AI Infrastructure53%
  • Advanced Manufacturing41%
  • Venture Capital28%
  • Robotics & Physical AI28%

bull thesis · 35

89 / 100
  • •Anduril exemplifies AI-accelerated defense tech: codegen collapsing hardware development cycles
  • •a16z's Connor Love: Anduril's low-cost autonomy thesis creates massive defense tech opportunity beyond current products
  • •Lonsdale: 8VC not planning to exit Anduril or Saronic despite ability to sell

bear thesis · 0

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  • — none —

company research · 5 videos

mentions · 39

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Kleiner PerkinsWhat It Takes to Build a Generational Company | Anduril’s Trae Stephens1 mentions · 1▲ 0▼ 0○ · 4 months ago
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All-In PodcastThe State of Modern War: Palantir & Anduril Execs on Drones, AI, and the End of Traditional Warfare1 mentions · 1▲ 0▼ 0○ · 6 months ago
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Scaling EuropeSisyphus Ventures €20m fund backing defence founders: Louise Boucher, Founder and Managing Partner.1 mentions · 1▲ 0▼ 0○ · 7 months ago
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