Founders Fund

Activity from announced rounds

Activity in this selectionOct 24, 2026 · Agritech · Jan 1, 2026

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
2
Confirmed lead rounds
0
1 roles undisclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$220M
1 disclosed · full round size, not this investor’s share

By stage

Series B1
Series C+1

By primary sector

Agritech2

By country

Germany1
New Zealand1

Rounds

2 in this selection
Stenon

Soil sensing company providing in-field nitrogen and soil data for agricultural decisions.

≥€18MSeries B; second close announced 12 October 2026
Participant
Halter

Develops GPS-enabled cattle collars using sensors, software and AI.

$220MSeries E
Role not disclosed