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Defense tech Hadrian raises $1.37B at $8B valuation

Hadrian, a defense tech startup focused on automated manufacturing rather than AI weapons, has raised a $1.37 billion Series D at a $7.87 billion valuation. The round was led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford, with participation from major investors including Andreessen Horowitz, Founders Fund, and Apollo. This brings total funding to approximately $2 billion. Hadrian builds highly automated factories to mass produce parts for existing military vehicles such as submarines, and recently opened its fourth facility in Alabama under a $2.4 billion public/private partnership deal.

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Yesterday•1m read time•From techcrunch.com
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How much has Hadrian raised in total funding and at what valuation?

Hadrian has raised approximately $2 billion in total funding. Its Series D round alone was $1.37 billion at a valuation of $7.87 billion. The round was led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford, with participation from Andreessen Horowitz, Founders Fund, Apollo, and others. Developers and founders tracking defense tech funding rounds follow milestones like these on daily.dev.

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