Hadrian
Builds highly automated factories producing defense and aerospace systems
$1.4BSeries D
ParticipantFF
Founders Fund
Activity from announced rounds
Activity in this selectionOct 24, 2026 · Defense tech · Jul 27, 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.
- Rounds participated in
- 1
- Confirmed lead rounds
- 0 All roles disclosed
- New companies
- 0 First participation on record · 1 follow-on
- Funding in participating rounds
- $1.4B 1 disclosed · full round size, not this investor’s share