📶 another monster Anduril round

Anduril raises $1.5b, adtech funding has collapsed, and the US is on a climate spending spree

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Good morning 👋

And Happy Friday.

Long week - lots of news.

Let’s get into what you missed yesterday so you can get back to your day.

TL;DR:

HEADLINES
Anduril raises another $1.5b 🛡

  • Anduril raises $1.5B at a $14B valuation (TechCrunch)

  • Adtech Startup Funding Has Collapsed (Crunchbase)

  • The U.S. is on a climate-tech spending spree (Axios)

  • SoftBank still on the hunt for AI deals despite losses, market turmoil (Pitchbook)

  • Arche Capital to Raise $100 Million Debut Fund Amid Crypto Comeback (WSJ)

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POLL

Is Anduril an outlier, or do you think there will be more venture dollars going towards B2G (business-to-government) companies?

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RESULTS

Here are the results from our poll question in yesterday’s piece:

What do you think the realistic timeline is for robots to take a majority of factory worker jobs?

 

🟨🟨🟨🟨⬜️⬜️ Within the next six months (10)

🟨🟨🟨🟨⬜️⬜️ Within the next year (10)

🟨🟨🟨🟨⬜️⬜️ Within the next two years (9)

🟩🟩🟩🟩🟩🟩 Longer than two years (12)

41 Votes

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