Anduril aims at $60 billion valuation in new funding round

In Brief Posted: 12:06 PM PST · March 3, 2026 Image Credits:Kyle Grillot/Bloomberg / Getty Images Russell Brandom Anduril aims at $60 billion valuation in new funding round Palmer Luckey’s defense-tech company is in the middle of a multibillion-dollar funding round led by Thrive Capital and Andreessen Horowitz, according to a new report from The Wall Street Journal. The funding round would come less than a year after the company’s Series G, which closed in June with $2.5 billion against a $30 billion valuation. Lux Capital and Founders Fund are also expected to participate. A previous report from Bloomberg said the new round could bring as much as $8 billion of capital into the company, which closed its previous funding round last summer. The round comes at an awkward moment for defense startups. After a contract dispute between Anthropic and the Pentagon, the U.S. government is in the process of canceling all its contracts with the AI company, and Secretary of Defense Hegseth has threatened to designate the company as a supply-chain risk. While not explicitly endorsing the supply-chain-risk designation, Luckey has vocally supported the government’s stance. “At the end of the day,” Luckey wrote in a recent X post, “you have to believe that our imperfect constitutional republic is still good enough to run a country without outsourcing the real levers of power to billionaires and corpos and their shadow advisors.” Topics Andreessen Horowitz, anduril, defense tech, Fundraising, In Brief, Robotics, Thrive Capital, Venture June 9 Boston, MA Actively scaling? Fundraising? Planning your next launch?TechCrunch Founder Summit 2026 delivers tactical playbooks and direct access to 1,000+ founders and investors who are building, backing, and closing.Register by March 13 to save up to $300. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight.

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