Find XO: Anduril Raises $5B, Valuation Hits $61B, Defense Tech Becomes a Core VC Investment Sector (techcrunch.com)
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- Anduril raised $5 billion in a Series H round led by Thrive Capital and a16z, doubling its valuation from $30.5 billion to $61 billion.
- Its revenue in 2025 was $2.2 billion, and in March it signed a 10-year, $20 billion contract with the US Army.
- This shows defense is no longer a niche for VCs but a mainstream focus.
- To follow this trend in South Korea, it's more important to find actual entry points within the Defense Acquisition Program Administration system than just the capital scale.