Anduril Industries Funding History

Anduril Industries develops autonomous air, ground and maritime systems plus the Lattice sensor-fusion software platform for US military and border-security customers.

Company Overview

  • AI Defense & Military

Founded 2017 · Costa Mesa, California, US

Official Website

Anduril Industries Funding Timeline

  1. Announced May 13, 2026

    Series H

    US$5 billion · $61B valuation

    The $61 billion valuation was twice the $30.5 billion reported for Anduril’s previous round.

    Led by Thrive Capital, Andreessen Horowitz.

    Source · anduril.com ↗
  2. Announced Jun 5, 2025

    Series G

    US$2.5 billion

    Anduril’s chairman said the round would strengthen the company’s ability to fund manufacturing and production programs.

    Led by Founders Fund.

    Source · cnbc.com ↗
  3. Announced Aug 7, 2024

    Series F

    US$1.5 billion · $14B valuation

    Anduril planned to use part of the proceeds to develop Arsenal-1, a factory designed to manufacture autonomous defense systems at higher volume.

    Led by Founders Fund, Sands Capital.

    Source · anduril.com ↗
  4. Announced Dec 1, 2022

    Series E

    US$1.48 billion

    Anduril said it would accelerate research and development of autonomous defense systems and expand its work with the U.S. Department of Defense and allied governments.

    Led by Valor Equity Partners.

    Source · anduril.com ↗
  5. Announced Jun 17, 2021

    Series D

    US$450 million

    Anduril said its Lattice AI software and hardware were already in use with U.S. and allied government customers when it announced the round.

    Led by Elad Gil.

    Source · anduril.com ↗
  6. Announced Jul 1, 2020

    Series C

    US$200 million

    The financing was reported as supporting an expansion of Anduril’s work with the U.S. military.

    Led by Andreessen Horowitz.

    Source · washingtonpost.com ↗

Anduril Industries Founding Team

Anduril’s founding team brought together experience in virtual reality, defense investing, and engineering and operations at Palantir. The company develops autonomous systems and software that brings their sensor data together. The founding team included Palmer Luckey and Joseph Chen.

  • Brian Schimpf — CEO. Previously Director of Engineering at Palantir.
  • Trae Stephens — Executive Chairman. Founders Fund partner and early Palantir employee.
  • Matt Grimm — COO. Previously at Palantir.

Anduril Industries Products

  • Anduril Lattice

    Gives operators a common view of sensor readings so they can coordinate autonomous systems.

Anduril Industries Company Development

A Common Software Layer for Autonomous Systems

Anduril developed vehicles for air, ground and maritime missions alongside Lattice. The software gives its hardware programs a common operating layer by combining sensor information that would otherwise sit in separate systems.

Anduril Industries Competitive Landscape

Autonomy as a Product or a Component

Anduril and Shield AI both serve military autonomy programs. Anduril puts Lattice alongside systems across multiple domains, while Shield AI’s Hivemind centers on autonomy for aircraft. Buyers are comparing the scope of the integration as well as the individual vehicle.