AI software that turns product designs into assembly plans and keeps manufacturing lines current as designs change.
Founders Fund
Activity from announced rounds
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
- 10
- Confirmed lead rounds
- 1 7 roles undisclosed
- New companies
- 9 First participation on record · 1 follow-on
- Funding in participating rounds
- $5.7B 9 disclosed · full round size, not this investor’s share
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By primary sector
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Rounds
10 in this selectionAI infrastructure combining GPU cloud services, managed AI tools, large-scale data centers and modular AI factories for model developers and enterprises.
Builds highly automated factories producing defense and aerospace systems
Software-driven manufacturing company modernizing wire harness production
Provides on-demand composite parts manufacturing for aerospace, defense, and motorsports customers
American manufacturer of drone motors and robot actuators
Offers software for hardware engineers to test designs
Develops AI-native 3D-printing systems for metal components using real-time simulations
Develops defence industrial platform for Europe's security and resilience
Builds highly automated factories producing defense and aerospace systems