Develops aluminum-based fuel and electrochemical generator for clean firm power
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
- 7
- Confirmed lead rounds
- — 7 roles undisclosed
- New companies
- 7 First participation on record · 0 follow-on
- Funding in participating rounds
- $345M 7 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
7 in this selectionOperates an AI data center operating system and GPU compute offtake network connecting data center operators with AI builders
Automates complex enterprise processes for finance and insurance with reliable AI
Provides on-demand composite parts manufacturing for aerospace, defense, and motorsports customers
Develops large uncrewed aerial vehicle swarms and command and control software
Develops modular compact fusion machines for clean energy applications
Builds and buys critical defense and government technology solutions