Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark
Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.
Ethan Thornton is trying to do everything all at once
Mach’s approach differs sharply from some of its peers.
Defense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new…
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicles in development and completed a major acquisition.
Mach Industries just spent $50M to solve a major defense tech problem
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale.
Anduril raises $5B, doubles valuation to $61B
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.
Anduril aims at $60 billion valuation in new funding round
The funding round would come less than a year after Anduril’s Series G, which closed in June with $2.5 billion against a $30 billion valuation.
African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month
Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.
Integrate raises $17M to move defense project management into the 21st century
The round was led by FPV Ventures co-founder and managing partner Wesley Chan.
Harmattan AI raises $200M Series B led by Dassault Aviation, becomes defense unicorn
French defense tech company Harmattan AI is now valued at $1.4 billion after raising a $200 million Series B round led by Dassault Aviation, which is best known for making the Rafale fighter jet.