Defense software and autonomous hardware developer Anduril has secured $5 billion in a Series H funding round, driving the company’s post-money valuation to $61 billion. Venture capital firms Thrive Capital and Andreessen Horowitz co-led the mega-round. The raise follows a period of rapid financial scaling for the enterprise, which more than doubled its annualized revenue to reach $2.2 billion in 2025 while nearly doubling its total workforce.
The primary capital deployment will fund the rapid expansion of physical manufacturing capacity, research and development, and the digital infrastructure required to scale automated defense production lines. Specifically, the company is directing capital toward its Arsenal-1 factory and its proprietary ArsenalOS software tools to achieve high-rate production throughput for autonomous military hardware. The industrial push aligns with recent White House executive orders encouraging defense contractors to deploy capital toward hardware production capacity rather than corporate stock buybacks.
The software-defined defense architecture centers on Lattice, an integrated command-and-control platform designed to fuse distributed sensing, targeting, and strike assets across contested battlefields. The company’s current portfolio spans autonomous unmanned aerial systems, including the Fury aircraft flown for the U.S. Air Force’s Collaborative Combat Aircraft program, the Barracuda missile family, and specialized counter-drone air defense networks. “This financing reflects that shift, and it gives us the ability to continue investing aggressively in manufacturing capacity, research and development, and the infrastructure required to build and field advanced defense systems at scale,” stated Anduril Chief Executive Officer Brian Schimpf.