Anduril and Helsing Secure Major Funding in Defense Tech Sector
Severity: Low (Score: 26.0)
Sources: Techcrunch
Summary
Anduril has raised $5 billion in a Series H funding round, doubling its valuation to $61 billion, following a significant revenue increase in 2025. The funding was led by Thrive Capital and Andreessen Horowitz. Meanwhile, Helsing, a European military drone startup, is close to raising $1.2 billion at an $18 billion valuation, led by Dragoneer and Lightspeed. Both companies are part of a growing trend in defense tech investment, driven by geopolitical tensions, particularly the ongoing war in Ukraine. Anduril's recent contracts include a missile defense system for the U.S. and software for the Dutch Ministry of Defence. The Department of Defense is diversifying its partnerships, indicating a shift in procurement strategies in defense technology. Key Points: • Anduril raised $5 billion, doubling its valuation to $61 billion. • Helsing is set to raise $1.2 billion, increasing its valuation to $18 billion. • Both companies are benefiting from increased venture capital interest in defense tech.