The Founder’s Fund has led another, a lot of rounds for Defense Tech Startup Andore, which has a $ 1 billion investment, with parts of a new increase of $ 2.5 billion, the firm has written the largest check so far. An Andorial spokesman told Tech Crunch that existing investors also piled up.
Andorel has now doubled its price in this regard. The spokesperson said that the period was more than more than 8X prices, which means that many investors wanted to buy stocks compared to stock sales.
Andorel, which creates independent weapons and software to overcome them, says the new funding was raised to about $ 1 billion after doubling its income in 2024.
The company is also enjoying Tail Wind with the approval of the US Army’s tremendous agreement to develop a new AR/VR headset for soldiers. The deal was originally given to Microsoft with a budget of $ 22 billion, but was re -assigned to Andorel in February. The deal is such a big deal, even because of this, Paler Loki, the founder of Andorel, publicly waived his former employer Meta last week as the two companies announced a partnership for making equipment for the project.
Andorel’s executive chair and co -founder Tree Stephens, who is also the founder’s fund partner, revealed new funding in one Interview on Bloomberg television.