Defense technology startup Anduril Industries said it raised $450 million in a Series D deal valuing the company at $4.6 billion. The round was led by Elad Gil, an early investor in the company. The Information first reported that Anduril was in fundraising talks in April. The Irvine, Calif.-based startup, valued at $1.9 billion in July, will likely use the new funding to further expand into...
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Sequoia Capital Targets $2.25 Billion for Two U.S. VC Funds
Sequoia Capital, defying the tech market sell-off that’s chilled startup fundraising, is asking investors to commit money to two new U.S.-focused funds, according to two people familiar with the matter. The Menlo Park, Calif.-based venture capital firm behind Airbnb and DoorDash expects to dedicate $1.5 billion to a U.S. growth fund focused on more mature companies, the people said....
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