Anduril Tops Week’s Largest U.S. Funding Rounds at $5 Billion
Defense tech company Anduril Industries raised $5 billion in a Series H round at a $61 billion valuation, double its valuation from less than a year earlier. The round was led by Andreessen Horowitz and Thrive Capital and brought the Costa Mesa, California-based firm’s total capital raised to $11.4 billion. According to Crunchbase News, the round was the largest of the week among U.S. startups.
Energy and Robotics Draw Major Capital
Houston-based VoltaGrid, which supplies mobile natural gas generators for data centers and microgrids, received $1 billion in strategic investment from Halliburton and Blackstone. The package included $775 million in new capital and a $225 million secondary purchase.
Palo Alto-based Mind Robotics, a 2025 spinout from Rivian that develops an AI-enabled industrial robotics platform, closed $400 million in funding led by Kleiner Perkins. The round increased the company’s total funding to more than $1 billion.
Space Tech and Indoor Farming Rounds Close
San Carlos-based Cowboy Space, founded by Robinhood co-founder Baiju Bhatt to develop rockets and satellite infrastructure for space-based AI compute, raised $275 million in Series B funding at a $2 billion valuation led by Index Ventures.
Jersey City-based Oishii, which operates automated indoor farms for strawberries, secured $150 million in Series C funding led by SPARX Asset Management. The company has now raised $370 million since its founding in 2016.
Cybersecurity, Biotech, and Autonomy Deals Complete Top 10
San Jose-based Exaforce raised $125 million in Series B funding for its AI-native security operations platform from investors including HarbourVest, Peak XV, Mayfield, Khosla Ventures, and Seligman Ventures.
Create Medicines closed $122 million in Series B funding for in vivo immunotherapies, led by Newpath Partners, ARCH Venture Partners, and Hatteras Venture Partners.
Providence-based HavocAI, a two-year-old company developing tools for autonomous systems, obtained $100 million in Series A funding that brought its total capital to $200 million. According to Crunchbase News, additional rounds included Star Catcher’s $65 million Series A for space-based solar power beaming and GridCare’s $64 million Series A for AI data center power technology.