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Anduril Seeks $12.5 Billion Valuation After Doubling Revenue

Military defense startup Anduril has had early discussions to raise what would be one of the largest venture capital rounds of the year so far, seeking about $1.5 billion of fresh funds that would value the company at $12.5 billion or more, two people who have spoken to the company said.The potential funding round would be an increase from the $8.5 billion valuation at which investors including Valor Equity Partners and Founders Fund valued the company a year and a half ago. The company, which h...

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