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Defense manufacturing startup Hadrian closes $260 million Series C funding round led by Peter Thiel's Founders Fund.

Jul 17, 20255 days ago

Amount Raised

$260 Million

Los AngelesAerospaceManufacturing

Investors

Lux CapitalPeter Thiel's Founders Fund

Description

Defense manufacturing startup Hadrian announced the closing of $260 million Series C funding round led by Peter Thiel's Founders Fund and Lux Capital. The funding will be used to build a new factory in Mesa, Arizona, and expand its Torrance location. This move aims to enhance its shipbuilding and naval defense capabilities. The company is focused on disrupting the defense contracting industry.

Company Information

Company

Hadrian

Location

Los Angeles, California, United States

About

Hadrian is the factory of the future, transforming the U.S. industrial base by building highly automated factories that supercharge American workers with process engineering, AI, machine learning, and robotics to Reindustrialize America and compete head-to-head with China's industrial base. Its mission is to enable space and defense manufacturers to produce domestically at globally competitive costs, restoring U.S. industrial supremacy and countering China's manufacturing advantages. Currently, Hadrian operates a 100,000-square-foot factory in Torrance, CA, and is in the process of developing other production sites.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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