Hadrian
Builds highly automated factories producing defense and aerospace systems
$1.4BSeries D
ParticipantFF
Founders Fund
Activity from announced rounds
Activity in this selectionOct 24, 2026 · Defense tech · Jan 1, 2026
Founders Fund is a technology venture firm with partners working in engineering-led businesses across energy, infrastructure, manufacturing, transport, biotechnology and defence.
The partnership combines investing with direct company creation. Trae Stephens co-founded Anduril and serves as its executive chairman; Delian Asparouhov co-founded Varda Space Industries; Scott Nolan founded uranium-enrichment company General Matter. These roles put investors inside the work of building industrial and defence businesses.
Nolan’s investing focus includes engineering-driven startups in energy, infrastructure, manufacturing, transportation and biotechnology. Stephens brings experience developing products and expanding government business at Palantir, including in intelligence and defence.
- Rounds participated in
- 12
- Confirmed lead rounds
- 0 11 roles undisclosed
- New companies
- 11 First participation on record · 1 follow-on
- Funding in participating rounds
- $2.8B 11 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
12 in this selectionSenra Systems
Software-driven manufacturing company modernizing wire harness production
$65MSeries B
Role not disclosedLayup Parts
Provides on-demand composite parts manufacturing for aerospace, defense, and motorsports customers
$42MSeries A
Role not disclosedImpulse Space
Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics
$500MSeries D
Role not disclosedWestmag
American manufacturer of drone motors and robot actuators
$11MSeed
Role not disclosedArmada
Builds modular edge AI data centers for remote, industrial, and defense environments
$230MSeries B
Role not disclosedHermeus
Develops high-Mach unmanned aircraft for national security missions
$350MSeries C
Role not disclosedSwarm Aero
Develops large uncrewed aerial vehicle swarms and command and control software
$35MSeries A
Role not disclosedNominal
Offers software for hardware engineers to test designs
$80MSeries B+
Role not disclosedOnodrim Industries
Develops defence industrial platform for Europe's security and resilience
€40MSeed
Role not disclosedHadrian
Builds highly automated factories producing defense and aerospace systems
UndisclosedUndisclosed
Role not disclosedValinor Enterprises
Builds and buys critical defense and government technology solutions
$54MSeries A
Role not disclosed