Our Culture

What you believe and what you value as an organization matters. Discover the DNA of our firm.

Our People

Get to know our teams and the stories of select staff members who share why they choose to work at Sands Capital.

News & Events

Read about some of the latest events, partnerships, and business highlights from Sands Capital.

Careers

At Sands Capital, we strive to hire exceptional talent who will live our values and support our efforts to deliver on our mission.

Generative artificial intelligence has been gaining traction across industries, powering an explosive demand for computing power and systems that could enable new use cases for businesses, schools, consumers, and society in general.

In this episode of What Matters Most, we delve deep into the world of online sports betting, focusing on the global leader, Flutter. Research Analyst Katherine Bates joins us to discuss Flutter’s journey, its innovative strategies, and how it’s transforming the gambling landscape.

At Sands Capital we encourage our investment team to think in decades not quarters. Director of Research Michael Raab, CFA discusses how culture can support the visionary research needed to find businesses creating the future.

Nu Holdings’ Nubank focuses on driving financial inclusion among underbanked populations who lack sufficient access to mainstream financial services and products, including access to common banking services, such as credit cards or loans.

Philosophy & Approach

Our philosophy is rooted in the belief that, over time, stock prices will reflect the earnings power and growth of the underlying businesses.

Our latest annual report offers a comprehensive view of how we add value through active stewardship.

Public Equity

Our newest strategy takes an unconstrained approach to seeking the best growth businesses outside of the U.S.

Venture & Growth Equity

Sands Capital invests in innovative businesses across all stages of the growth spectrum

Sands Capital Co-leads Anduril Industries’ Series F Funding to Hyperscale Defense Manufacturing

August 23, 2024

This latest funding will help enable the company’s continued growth, enhanced processes, upgraded tooling, expanded infrastructure, and increased supply chain resiliency.

Sands Capital has co-led Anduril Industries’ $1.5 billion Series F funding round, enabling the company’s continued growth, enhanced processes, upgraded tooling, expanded infrastructure, and increased supply chain resiliency.

Anduril Industries’ cutting-edge approach to defense technology positions the business as a key player in modernizing defense capabilities for the United States and its allies.

"This funding round represents an important milestone in Anduril’s journey to disrupt the defense industry, and we are thrilled to be a part of the company’s latest success on the heels of its recent defense contract wins, including its Collaborative Combat Aircraft contract and its early, on-budget delivery of the Ghost Shark autonomous vehicle."

“This funding round represents an important milestone in Anduril’s journey to disrupt the defense industry, and we are thrilled to be a part of the company’s latest success on the heels of its recent defense contract wins, including its Collaborative Combat Aircraft contract and its early, on-budget delivery of the Ghost Shark autonomous vehicle,” said Barron Martin, a managing partner at Sands Capital. “The company’s rapid growth is a testament to its talented, mission-focused team and the unparalleled value it continues to bring to the defense industry.”

Marina Serenbetz, a partner at Sands Capital, said, “Anduril is playing a critical role in shaping the future of defense technology, and we are proud to partner with the company as it continues to cement its position as a leader of today’s defense industry. Working with a team of this caliber has been an incredibly rewarding experience, and we look forward to the future of our long-term partnership.”

Led by Sands Capital’s Global Innovation team, which seeks to invest in leading mid to late-stage technology and technology-enabled businesses, this investment underscores Sands Capital’s deep experience in and track record of backing innovative companies that are reshaping industries and addressing critical global challenges. This latest investment in Anduril Industries joins notable investments made by Sands Capital including co-leading Ramp’s Series D funding round and leading/participating in the latest Flock Safety round.

Disclosures:

The Global Innovation investment strategies are managed by Sands Capital Ventures, LLC and are only available to qualified investors.

The activities of the Global Innovation Strategy Team, including investment due diligence and sourcing, may be supported on an ad hoc basis by various members of the broader global research team of Sands Capital Management, as well as members of the Ventures Team of Sands Capital Ventures.

As of October 1, 2021, Sands Capital was redefined to be the combination of Sands Capital Management, LLC and Sands Capital Ventures, LLC. Both firms are registered investment advisers with the United States Securities and Exchange Commission in accordance with the Investment Advisers Act of 1940. The two registered investment advisers are combined to be one firm and are doing business as Sands Capital. Sands Capital operates as a distinct business organization, retains discretion over the assets between the two registered investment advisers, and has autonomy over the total investment decision-making process.

Certain information contained in this document constitutes “forward-looking statements.” These statements can be identified by the use of forward-looking terms such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe” or the negatives thereof or other variations thereon or comparable terms. Due to various risks and uncertainties, actual events or results or the actual performance of a fund are likely to differ (and may differ materially) from the events, results or performance contemplated by such forward-looking statements.

This Site may contain links to other websites, including links to the websites of companies that provide related information, products and services. Such external Internet addresses contain information created, published, maintained, or otherwise posted by institutions or organizations independent of Sands Capital. These links are solely for the convenience of visitors to this Site, and the inclusion of such links does not imply an affiliation, sponsorship or endorsement. Those sites may have privacy policy different from Sands Capital and may provide less security than this site. Sands Capital and its affiliates are not responsible for the products, services, and content on the third party website.

Further Disclosures

Related Articles

In The News
Sands Capital Retains UK Stewardship Code Signatory Status
The United Kingdom’s Financial Reporting Council has named Sands Capital as a signatory to the UK Stewardship Code for the second year in a row. The UK Stewardship Code was designed to strengthen reporting requirements and stewardship expectations for asset managers, asset owners, and service providers.
Announcements
Sands Capital Welcomes Its 2024 Summer Intern Class
Talented students from universities across the country will be supporting the investment, operations, and client service teams as part of Sands Capital’s summer internship program.
Announcements
Sands Capital's Pulse Fund III Secures $555M Close
Sands Capital closed Pulse Fund III, securing $555 million to invest in groundbreaking therapeutics, diagnostics, and life sciences tools with the potential to advance disease understanding and treatment.
off
Print