Founders Fund

Activity from announced rounds

Activity in this selectionMobility

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.

Sources
Rounds participated in
7
Confirmed lead rounds
0
6 roles undisclosed
New companies
7
First participation on record · 0 follow-on
Funding in participating rounds
$1.2B
6 disclosed · full round size, not this investor’s share

By stage

Series B2
Series C+2
Seed1
Series A1
Undisclosed1

By primary sector

Defense tech3
Mobility2
Industrial tech1
Space tech1

By country

United States7

Rounds

7 in this selection
Regent

All-electric Seaglider vessels for fast, zero-emission coastal transportation.

$240MSeries B
Participant
Senra Systems

Software-driven manufacturing company modernizing wire harness production

$65MSeries B
Role not disclosed
Impulse Space

Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics

$500MSeries D
Role not disclosed
Westmag

American manufacturer of drone motors and robot actuators

$11MSeed
Role not disclosed
Hermeus

Develops high-Mach unmanned aircraft for national security missions

$350MSeries C
Role not disclosed
Swarm Aero

Develops large uncrewed aerial vehicle swarms and command and control software

$35MSeries A
Role not disclosed
Hadrian

Builds highly automated factories producing defense and aerospace systems

UndisclosedUndisclosed
Role not disclosed