Tech Billionaires Back Erebor in the Wake of Silicon Valley Bank Collapse

Funded by Anduril cofounder Palmer Luckey and Palantir cofounder Joe Lonsdale, the new bank—named, like their companies, after Tolkien lore—aims to serve startups in crypto, AI, and defense.

Jul 16, 2025 - 15:30
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Tech Billionaires Back Erebor in the Wake of Silicon Valley Bank Collapse
Funded by Anduril cofounder Palmer Luckey and Palantir cofounder Joe Lonsdale, the new bank—named, like their companies, after Tolkien lore—aims to serve startups in crypto, AI, and defense.

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