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Perplexity Plots, Anduril Arms Up
LFG Ventures presents a weekly newsletter delivering private market (pre-IPO) insights and signals across tech and frontier industries.

Happy Saturday - We were on the road this week, so this edition is landing over the weekend.
Shoutout to all the old friends—and new ones—we met up with in Austin. Great meeting everyone. More to come.
Now, back to it:
Perplexity might power your next Samsung. Anduril just raised another $2.5B. SpaceX is casually on launch #50 of the year. Claude started blogging. And, Strike wants to turn your BTC into working capital—no selling required.
📡 Radar
🤝 Perplexity x Samsung: AI Heads to the Flagship
Perplexity is reportedly close to a major deal with Samsung to integrate its AI into upcoming Galaxy devices. If finalized, it could become the default assistant on Samsung phones—going head-to-head with Google Assistant and Siri. The partnership would put Perplexity in the hands of hundreds of millions of users, cementing its position as a leading AI in consumer hardware. Bloomberg
We made a Perplexity investment in 2024 and are currently working on our second.
🛡️ Anduril Raises a $2.5B Warchest at $30.5B Valuation
Defense tech powerhouse Anduril has raised a massive $2.5B round at a $30.5B valuation, with Founders Fund leading and existing backers doubling down. The raise cements Anduril’s role as the software-defined prime contractor of the future, with momentum across AI-enabled surveillance, autonomous systems, and battlefield infrastructure. Techcrunch
We’ve made two Anduril investments and plan to make another one later this year.
🛰️ SpaceX Hits 50 Starlink Launches in 2025
SpaceX launched 27 more Starlink satellites this week from Vandenberg, marking its 50th Starlink mission of the year and the 500th Falcon orbital flight ever—on the 15th anniversary of Falcon 9’s debut. The launch continues SpaceX’s breakneck cadence as it builds out the world’s most advanced satellite internet network. SpaceFlightNow
✍️ Antrhopic’s Claude Picks Up the Pen
Anthropic launched Claude Explains, a new blog authored by its Claude AI model family—with a light human touch. It’s a move toward greater transparency in frontier AI—and a clever way to showcase Claude’s reasoning, communication, and alignment strengths in the wild. TechCrunch
💸 Strike Launches Bitcoin-Backed Loans for U.S. Customers
Strike has launched a new lending product that lets eligible U.S. customers borrow cash by using their Bitcoin as collateral—without needing to sell it. Loan sizes start at $10,000, with interest rates from 9% to 13%, and no credit checks required. It’s part of Strike’s broader mission to bring traditional financial tools into the Bitcoin economy—and make Bitcoin more usable without forcing holders to part with it. Nasdaq
💬 Prompt
Ready when you are.
You are a renowned scientist. Explain quantum computing in simple terms for a child.

🧠 Wisdom
🔒 Lock In
They’ll clap for you… until you pass them. Stay focused.

👌The Perfect Pitch
A masterclass by Vinod Khosla on how to effectively pitch to VCs, covering what investors look for and how to craft a compelling narrative.
One of our most requested resources within our venture assistance is help with pitching and storytelling -- here's the workshop on "Nailing your Fundraise" i gave our CEOs at our summit and full deck linked on our site
khoslaventures.com/nail-your-rais…
— Vinod Khosla (@vkhosla)
8:13 PM • Jun 6, 2025
🗣️Think Before You Speak

Still human,


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The content presented in The Markup is for informational purposes only and does not constitute an offer or solicitation by LFG Ventures to buy or sell any securities. Nothing in this publication should be interpreted as investment advice, a recommendation, or an offer to provide brokerage services. Any offers or solicitations will be made only through official offering documents and subject to their specific terms, risks, and conditions.