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Anduril's $5B Round Leads Record Defense Tech Funding

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Anduril Industries dominated the weekly megadeals with a staggering $5 billion Series H round, doubling its valuation to $61 billion. The defense tech unicorn's raise, led by Andreessen Horowitz and Thrive Capital, brings its total funding to $11.4 billion and underscores intense investor appetite for AI-enabled military technology.

Other large rounds targeted the physical economy. Energy firm VoltaGrid secured $775 million from Halliburton and Blackstone. Robotics developer Mind Robotics, a Rivian spinout, raised $400 million. Space tech saw Cowboy Space, founded by Robinhood's Baiju Bhatt, land $275 million. Even agriculture tech drew capital, with indoor farming startup Oishii picking up $150 million for strawberry production.

This varied lineup of mega-rounds, all exceeding $64 million, signals a robust market for startups building tangible infrastructure. Investors are deploying capital at scale into sectors like defense, energy, and robotics, prioritizing companies with clear applications in the physical world over purely digital ventures.