Tech Company Financing Transactions
Anduril Industries Funding Round
Anduril Industries, based in Irvine, secured $1.5 billion from Founders Fund, Sands Capital Management and Baillie Gifford.
Transaction Overview
Company Name
Announced On
8/7/2024
Transaction Type
Venture Equity
Amount
$1,500,000,000
Round
Undisclosed
Investors
Founders Fund (Lead Investor) (Trae Stephens)
Sands Capital Management (Lead Investor)
Proceeds Purpose
The company said in a statement that the new funding will help scale a new software-defined manufacturing platform called "Arsenal," starting with the Arsenal-1 factory.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
2722 Michelson Dr.
Irvine, CA 92612
USA
Irvine, CA 92612
USA
Phone
Undisclosed
Website
Email Address
Overview
Created by tech innovators on a mission to solve critical challenges in national security, Anduril brings Silicon Valley ingenuity, speed, and funding to defense and security. In less than a year, Anduril went from concept to product, with multiple deployments actively solving real world national security problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Trae Stephens
Chief Executive Officer
Brian Schimpf
Chief Financial Officer
Michael Galvin
Chief Operating Officer
Matthew Grimm
Co-Founder
Joseph Chen
Founder
Palmer Luckey
VP - Bus. Development
Christian Brose
VP - General Counsel
Babak Siavoshy
VP - Human Resources
Meagan Murray
VP - Sales
Matthew Steckman
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