Founders Fund is also leading Anduril’s newest raise, on track to be an up to $2.5 billion round at a valuation of $28 billion, CNBC reported. Sources confirmed to TechCrunch that its share will ...

In February, Anduril Industries, a defense technology startup backed by Thiel’s Founders Fund, landed an expanded role in a deal with the US Army that could be valued at more than $20 billion.

The Stephens have long-standing connections to Thiel. In addition to helping start Anduril and working at Founders Fund, Trae was also an early employee at data intelligence firm Palantir ...