Defense tech startup Anduril has raised $2.5 billion in a Series G funding round that nearly doubled its valuation to $30.5 billion

Anduril Industries, a defence tech firm co-founded by Palmer Luckey, has now secured $2.5 billion in new venture capital. This investment brings the company’s valuation to $30.5 billion, more than twice its valuation of approximately $13 billion recorded in August of the previous year.

Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday. This round more than doubled the Palmer Luckey-founded company's valuation,