New Delhi, May 14 -- Anduril Industries announced its Series H funding round, a USD 5 billion raise, bringing the defence technology company's valuation to USD 61 billion. The funding round saw leadership from Thrive Capital and Andreessen Horowitz as the firm entered its ninth year of operations.

Writing in a blog post, Brian Schimpf, Co-Founder and CEO of Anduril Industries on Wednesday, noted that the company, founded in 2017, saw its business scale change meaningfully over the last year. He mentioned that the company more than doubled its revenue to reach USD 2.2 billion in 2025 and nearly doubled its total workforce.

"At the same time, the scale of the business has changed meaningfully. Over the past year, we more than doubled reve...