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.
Varda 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.
Builds highly automated factories producing defense and aerospace systems
Provides financial infrastructure for corporate cards, invoicing, and expense management
Builds highly maneuverable orbital transfer vehicles and kick stages for in-space mobility and satellite logistics
Helps patients choose healthcare providers using data and financial incentives.
Provides fulfillment network, software, and AI helping independent brands compete on direct consumer experience
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 GPS-enabled cattle collars using sensors, software and AI.