Multiply Labs builds robotics for manufacturing personalized medicines, helping drug makers produce individualized treatments with less manual work.
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
- 31
- Confirmed lead rounds
- 1 24 roles undisclosed
- New companies
- 29 First participation on record · 2 follow-on
- Funding in participating rounds
- $10B 29 disclosed · full round size, not this investor’s share
By stage
1 more
By primary sector
8 more
By country
Rounds
31 in this selectionVarda builds spacecraft that manufacture materials in low Earth orbit and return them to Earth. Its capsules support microgravity pharmaceutical development and materials processing, followed by controlled reentry and post-flight analysis of returned payloads.
AI infrastructure combining GPU cloud services, managed AI tools, large-scale data centers and modular AI factories for model developers and enterprises.
Cognition develops Devin, an autonomous software-engineering system, and the Windsurf AI code editor.
All-electric Seaglider vessels for fast, zero-emission coastal transportation.
Develops aluminum-based fuel and electrochemical generator for clean firm power
Builds AI models trained on patient tissue and clinical data for disease diagnostics
Gamgee develops personalized mRNA vaccines for dogs with cancer, designed from the genetic profile of each dog’s tumor.
Builds highly automated factories producing defense and aerospace systems
Software-driven manufacturing company modernizing wire harness production
AI platform for policy and regulatory intelligence
Operates 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 financial infrastructure for corporate cards, invoicing, and expense management
Provides on-demand composite parts manufacturing for aerospace, defense, and motorsports customers
Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics
American manufacturer of drone motors and robot actuators
Helps patients choose healthcare providers using data and financial incentives.
Cognition develops Devin, an autonomous software-engineering system, and the Windsurf AI code editor.
Provides fulfillment network, software, and AI helping independent brands compete on direct consumer experience
Builds modular edge AI data centers for remote, industrial, and defense environments
Deploys autonomous wave-powered floating nodes that perform AI inference computing offshore
Loop provides an AI platform for logistics and supply-chain operations.
Drug discovery platforms and integrated development services for biotechnology and pharmaceutical partners.
Develops high-Mach unmanned aircraft for national security missions
Develops large uncrewed aerial vehicle swarms and command and control software
Offers software for hardware engineers to test designs
Develops AI-native 3D-printing systems for metal components using real-time simulations
Develops modular compact fusion machines for clean energy applications
Builds highly automated factories producing defense and aerospace systems