Applied Intuition in talks to raise $1.5B at $30B valuation

Applied Intuition is in talks to raise at least $1.5 billion in a round led by General Catalyst at roughly $30 billion, Bloomberg reported, "doubling what it was worth in June 2025." General Catalyst plans to commit $250 million.

Bloomberg describes Applied Intuition as "a defense contractor developing technology for autonomous vehicles." The company builds automation operating systems and self-driving software for construction, transportation and defense. Its previous round, a $600 million Series F in June 2025 at $15 billion, was co-led by a BlackRock fund and Kleiner Perkins. Founded in 2017, Applied Intuition is pitching more than $560 million in fiscal 2026 revenue and more than $1 billion in 2027.

The $30 billion figure sits just above Shield AI's $28.8 billion mark from last week, part of a broader run of defense-and-autonomy funding on our military AI tracker. The round is not closed; the reporting describes it as talks.