TLDR:
- Anduril Industries raised $1.5 billion for defense, setting a new record.
- Other big funding rounds included Groq, Abnormal Security, Flyr, IDRx, and more.
The funding highlights of the week included Anduril Industries securing a $1.5 billion Series F round for defense technology. This raised the company’s valuation to $14 billion. Additionally, Groq, a semiconductor company, raised $640 million; Abnormal Security, a cybersecurity startup, closed a $250 million Series D; Flyr, a travel startup, raised $225 million; IDRx, a biotech company, secured $120 million; and other companies such as DevRev, Shinobi Therapeutics, MBX Biosciences, Muon Space, and Red Queen Therapeutics also gained significant funding. Overall, the funding rounds reflect a range of industries including artificial intelligence, biotech, cybersecurity, and more.
