TechFlow News, May 1: According to The Information, Peter Thiel’s venture capital firm Founders Fund is investing approximately $624 million in Anduril’s latest funding round—making it one of the largest investors in this round. Anduril’s current round totals roughly $4 billion, with an estimated valuation of $60 billion. Andreessen Horowitz (a16z) and Thrive Capital are co-leading the round. Anduril is a U.S.-based AI defense startup. Its founder, Palmer Luckey, previously collaborated with Peter Thiel to launch Erebor, a digital bank designed specifically for cryptocurrency and technology startups.
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