Elad Gil

Assembly Line

Anduril Raises $450 Million in Series D Funding

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: Anduril, Elad Gil, Valor Equity Partners, Founders Fund, Andreessen Horowitz, Lux Capital

Defense technology company Anduril Industries today announced $450 million in Series D funding and a post-money valuation of $4.6 billion, more than double the company’s previous valuation in July 2020.

Anduril’s Lattice AI software platform, hardware products, and people are currently in the field actively supporting operations with the Department of Defense, the U.S. Department of Homeland Security, and the UK Ministry of Defence, as well as other agencies. Lattice uses computer vision, machine learning, and mesh networking to fuse real-time sensor data to create a single, autonomous operating picture and command and control platform. Lattice ties together Anduril’s family of site security solutions deployed along the southwest border to provide situational awareness, and on military bases in the U.S. and abroad to autonomously detect, track, and interdict intrusions by people, drones, and other vehicles. Lattice is also the operating system that enables Anduril’s autonomous unmanned aircraft, such as the new Ghost 4 sUAS, to perform their missions.

Read more at Anduril Blog