Defense technology firm Epirus has reportedly raised between $150 million and $200 million in a new funding round led by Joe Lonsdale's venture capital firm 8VC. Bloomberg reports. A company that develops technology to intercept drones could be valued at around $1 billion. If it is a final valuation. That would be a decrease from the company's previous valuation of $1.35 billion. (Epirus did not comment to Bloomberg.)
Lonsdale is Bo Marr; Max Medney, Nathan Mintz He co-founded the company in 2018 with Grant Verstandig and John Tenet. According to PitchBook, the startup has already raised nearly $300 million from investors like DCVC and Bedrock. It is Anduril, It's also one of the few US-based defense tech unicorns, along with companies like Shield AI and Rebellion Defense.
Only time will tell if defense funding by 2025 will reach last year's peak, when space startups raised nearly $3 billion. In November