/People

Palmer Luckey

Unicorn founder

Founder at Anduril

Irvine, CA

FoundedAnduril$61B

30 Under 30 2014 · Games30 Under 30 2013 · Games

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About

Palmer Luckey built VR headsets in his parents' garage as a teenager, funded by repairing and reselling iPhones, and sold Oculus to Facebook for about $2 billion at 21 — then founded Anduril Industries to take on the Pentagon's cost-plus contracting model. Anduril raised $5 billion at a $61 billion valuation in May 2026 on revenue that roughly doubled to $2.2 billion, won an Army contract vehicle worth up to $20 billion for its Lattice software, took over the IVAS soldier-headset program, and is building the Fury collaborative combat aircraft. Home-schooled in California and a journalism major who left to build, he collects military vehicles — submarines included.

Likely emails· guessed from name + firm domain, not firm-published

Beyond investing

Founded
Built more than 50 VR headset prototypes in his parents' garage, funding the work by repairing and reselling iPhones for over $36,000; the 2012 Oculus Rift Kickstarter raised about $2.4 million, roughly ten times its target. Co-founded Anduril Industries in 2017 with Brian Schimpf, Trae Stephens, Matt Grimm, and Joseph Chen. Relaunched ModRetro — the forum he started as a teenager — as a consumer hardware company in 2024. Luckey co-founded defense technology company Anduril Industries in June 2017, focused on autonomous drones and sensors for military applications. Luckey founded Oculus VR in April 2012 and designed the Oculus Rift virtual reality headset. In 2009, Luckey founded the ModRetro Forums with a friend, an online community for 'portabilization', a hobby of turning old hardware devices into self-contained portable units.
Education
Home-schooled by his mother, he took community-college courses from about 14 and studied journalism at Cal State Long Beach without finishing. Studied at California State University, Long Beach (journalism)
Awards
Luckey received the Progress Medal. Luckey ranked number 22 on Forbes' 2016 List of America's Richest Entrepreneurs Under 40.
Hobbies
Collects military vehicles including submarines and helicopters, and is known for appearing publicly barefoot or in sandals. As a teenager Luckey experimented with complex electrical projects including railguns, Tesla coils, and lasers, and took sailing lessons.
Family
Luckey was homeschooled by his mother, married Nicole Edelmann in 2019, and has one child; Matt Gaetz is his brother-in-law.
More
Anduril took over the Army's IVAS program from Microsoft and unveiled the EagleEye mixed-reality helmet in 2025 — an explicit return to his VR roots.

From en.wikipedia.org — common ground for a warm intro.

Founder at Anduril

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Anduril's investors · 113

137 VenturesSan Francisco1435 CapitalSkillman1789 CapitalPalm Beach · since 20261Flourish CapitalMountain View8VCAustin · $500K – $50M checks9Yards CapitalNew York · $100K – $10M checksAccelPalo Alto · $500K – $100M checks · since 2026Aliya Capital PartnersMiamiAltimeter CapitalMenlo Park · $1M – $25M checksAltra VentureNew York City · $500K – $25M checksAndreessen HorowitzMenlo Park · $500K – $50M checks · since 2026Anorak VenturesLos Angeles · $25K – $400K checksAntiSan Juan · $250K – $30M checksArgonautic VenturesNew York · $5M checksBalaji Srinivasan$10K – $500K checksBalerion Space VenturesDallasBeaconsfield CapitalBezos ExpeditionsBooz Allen VenturesMcLeanBrave CapitalSan RafaelBroadLight CapitalGreenwichBroom VenturesSan FranciscoBVVCBurr RidgeChampion Hill Ventures$500K – $1M checks · since 2022Coatue ManagementNew York · $1M – $20M checksCollective LiquidityPlantationContrarySan Francisco · $2M checksCoral CapitalTokyo · $500K – $5M checksCortado VenturesOklahoma CityCosmic Venture PartnersAustin · $100K – $5M checksCraft VenturesSan Francisco · $50K – $50M checksCrossbeam Venture PartnersNew York · $1M – $1.5M checksDragon CapitalFremontElad GilSan Francisco · $100K – $10M checks · since 2026Elementum VenturesSan Francisco · $250K – $1.5M checksElevate VenturesIndianapolis · $20K – $2M checksEmbedded VenturesLos AngelesEQUIAMSan Francisco · $1M – $10M checksEthos VCSan Francisco · $250K – $3M checksFactorial FundsSan FranciscoFelicis VenturesSan Francisco · $500K – $15M checksFifth Down CapitalDoverFirst InHobe Sound · $500K – $2M checksFJ LabsNew York · $100K – $3M checksFloodgateMenlo Park · $500K – $5M checksFlyover CapitalKansas City · $500K – $2M checksForward Deployed VCFounders FundSan Francisco · $500K – $5M checks · since 2026Friends Family CapitalSilicon ValleyGaldana VenturesBarcelonaGeneral CatalystSan Francisco · $30M checksGestio CapitalLondonGoalvest VentureNew YorkGreycroftNew York · $100K – $5M checksHaystackSan Francisco · $1M – $3M checksHuman CapitalSan Francisco · $250K – $200M checksHustle FundSan Carlos · $150K checksHyperguapICONIQSan Francisco · since 2026ICONIQ CapitalSan Francisco · $5M – $100M checksIn-Q-TelTysons · $100K – $2.5M checksInflection VenturesNew YorkIronArc VenturesAustinJovonoCalifornia · $50K – $3M checksK5 GlobalSan Francisco · $1M – $3M checksKhosla VenturesMenlo Park · $100K – $20M checksKoru CapitalKyber Knight CapitalSan FranciscoLakestarZurich · $540K checks · since 2026Lightspeed Venture PartnersMenlo Park · $1M – $5M checksLiquid VenturesSan Francisco · $250K – $5M checksLong Journey VenturesSan Francisco · $100K – $1M checksLux CapitalNew York · $100K – $100M checks · since 2026Manhattan WestLos AngelesManta Ray VenturesLondonmark vcAustinMarketX VenturesMarlinspike PartnersArlington · since 2022MDSV CAPITALPalo AltoMVP VenturesChicagoNever Lift VCNew York · since 2026Palumni VCMiami · $127K checksPerot JainDallas · $500K checksPHD VenturesPIPELINE CAPITAL PARTNERSLas VegasPLUS CapitalVenice · $100K – $1M checksPractical Venture CapitalSilicon ValleyPrimary Venture PartnersNew York · $1M – $3M checksRed Beard VenturesWestport · $90K – $300K checksRevolutionWashington, D.C. · $100K – $1M checksRosecliff VenturesNew York City · $500K checksSaga VenturesAustinSciFi VCSan Francisco · $100K – $1M checksSero Capital, LLCMiami BeachSilent CapitalSilent VenturesDallas · $1.5M – $3M checksSinai Capital PartnersSozo VenturesRedwood CitySparkwave CapitalSparq Capital (SFO)Palo AltoSummit Peak InvestmentsFort WorthSV AngelSan Francisco · $150K – $20M checksTexas VenturesHoustonThrive CapitalNew York · $500K – $25M checks · since 2026Toba CapitalLos Angeles · $1M – $10M checksU.S. Air Forcesince 2019Valor Equity PartnersChicagoVU Venture PartnersSan Francisco · $200K – $1M checksWashington Harbour PartnersArlingtonWealthUnion$10K checksWormhole CapitalXYZ Venture CapitalSan Francisco · $10K – $5M checksZero Index

Co-founders at Anduril

BS
Brian SchimpfFounder
TSTrae Stephens
JC
Joe ChenFounder
JCJoseph Chen
MG
Matt GrimmFounder

Podcasts & interviews

featuring Palmer Luckey

Frequently asked questions

Who is Palmer Luckey?
Palmer Luckey built VR headsets in his parents' garage as a teenager, funded by repairing and reselling iPhones, and sold Oculus to Facebook for about $2 billion at 21 — then founded Anduril Industries to take on the Pentagon's cost-plus contracting model. Anduril raised $5 billion at a $61 billion valuation in May 2026 on revenue that roughly doubled to $2.2 billion, won an Army contract vehicle worth up to $20 billion for its Lattice software, took over the IVAS soldier-headset program, and is building the Fury collaborative combat aircraft. Home-schooled in California and a journalism major who left to build, he collects military vehicles — submarines included.
Where does Palmer Luckey work?
Palmer Luckey is Founder of Anduril.
What companies did Palmer Luckey found?
Palmer Luckey founded Anduril.
What awards has Palmer Luckey received?
Luckey received the Progress Medal. Luckey ranked number 22 on Forbes' 2016 List of America's Richest Entrepreneurs Under 40.
What podcasts and interviews feature Palmer Luckey?
Tracked appearances include "Inventing the Future of Defense", "The AI arsenal that could stop World War III", "Palmer Luckey on his vision for the future of warfare".

About this profile. Compiled from public sources — Anduril's own website, press coverage and public professional profiles — and summarised by Fundraising Fox; every fact is kept with where it came from. Spotted an error, or would rather not be listed? Email privacy@fundraisingfox.com · How we build profiles · Your rights