Founders Fund has led another, enormous round for defense tech startup Anduril with a $1 billion investment as part of a new $2.5 billion raise, the largest check the firm has ever written. Existing investors also piled in, an Anduril spokesperson tells TechCrunch. Anduril has now doubled its valuation to $30.5 billion with this Series G raise. The spokesperson says the round was over 8x times oversubscribed, meaning many more investors wanted to buy than the amount of stock Anduril was selling. The company is also enjoying a tailwind from being granted the U.S. Army's enormous contract for developing new AR/VR headsets for soldiers. The contract was originally granted to Microsoft with a total $22 billion budget but was reassigned to Anduril in February. That contract is such a big deal, it even caused Anduril founder Palmer Luckey to publicly forgive his former employer Meta last week as the two companies announced a partnership to create devices for the project. Think you know...
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