Defense Firm Anduril Raises Funds at $30.5 Billion Valuation (2)

Anduril Industries Inc. has closed a new funding round of $2.5 billion, a deal that more than doubles the defense startup’s valuation to $30.5 billion, Executive Chairman Trae Stephens said in an interview on Bloomberg Television.

The latest capital injection and increased valuation — up from $14 billion last year — underscores how quickly the company is establishing itself as a major player in the corporate landscape of American national security.

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 Thursday. ...