Oculus founder Palmer Luckey scores $1 billion-plus valuation for his virtual border wall start-up

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Oculus founder Palmer Luckey scores $1 billion-plus valuation for his virtual border wall start-up
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Anduril, the start-up founded by Palmer Luckey, has secured a funding round, with money from Andreessen Horowitz, valuing the defense company at over $1 billion.

on the southern border, Palmer Luckey is set to score big. His new venture, Anduril Industries, is being valued at more than $1 billion in a new fundraising round, according to people familiar with the matter.

Anduril's latest financing includes capital from Andreessen Horowitz, said the people, who asked not to be named because the details of the round are still confidential. Anduril's border control technology includes towers with cameras and infrared sensors that use artificial intelligence to track movement. It's been deployed in Texas and Southern California.As Anduril grows, it's loading up on Facebook DNA.

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