- The defense startup Anduril raised $1.5 billion in a round led by Founders Fund and Sands Capital.
- It said it planned to use the investment to "rebuild the arsenal of democracy."
- Anduril is planning a 5 million-square-foot factory to "hyperscale" defense manufacturing.
Anduril, the defense-tech startup founded by Palmer Luckey, raised $1.5 billion in its latest funding round as it strives to transform the defense landscape.
The Series F round, led by Founders Fund — Peter Thiel's venture-capital firm — and Sands Capital, valued the company at $14 billion, up from $8.5 billion last year.