Company intelligence

Hadrian

As of August 6, 2026, Hadrian was last valued at $7.87B (August 2026 Series D) and has raised at least $1.6B in equity across 2 sourced funding rounds.

Hadrian builds AI-powered automated factories making precision parts for the Pentagon, Lockheed Martin, and Navy submarines, and raised a $1.37B Series D in August 2026 at a $7.87B valuation β€” up nearly 5x since January.

Last verified Aug 6, 2026

Hadrian at a glance

As of
Latest valuation
$7.87B[1]
Series D Β· August 2026
Equity raised
$1.6B[2]
Across 2 sourced roundsDerived
  1. [1] Latest valuation: Hadrian, August 6, 2026
  2. [2] Equity raised: Sum of the 2 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), August 6, 2026
  3. [3] Lead investors: Hadrian, August 6, 2026

What Hadrian does

Hadrian is a U.S. defense and aerospace manufacturer that builds highly automated factories combining process engineering, AI and robotics, according to the company.[1] Hadrian says its mission is to help space and defense manufacturers produce full programs at scale in the U.S.[1] Its factories run on Opus, which Hadrian calls "the full stack, AI-powered platform for Factory Autonomy," and which the company says trains factory technicians in 30 days or less.[2] As of August 2026 Hadrian operates four facilities covering just under 3 million square feet: two in Torrance, California, plus sites in Mesa, Arizona and Muscle Shoals, Alabama.[1]

Business model and customers

Hadrian sells precision components, Manufacturing-as-a-Service capacity deployed in Hadrian facilities or at customer sites, and Factories-as-a-Service, in which it designs and operates entire product, assembly and component factories.[2] In March 2026 Hadrian opened an Alabama facility to mass-produce submarine parts; Hadrian said the public/private partnership deal for that facility was valued at $2.4 billion, TechCrunch reported.[3]

Leadership

  • Chris Power, founder and CEO of Hadrian[1]

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Company Snapshot

Hadrian is a defense company, based in Torrance, CA, founded 2020.

Recent changes

  1. Oct 6, 2026A Second Hadrian Raises $40M, This One For Cybersecurity Pulse story
  2. Aug 6, 2026Raised $1.37B Series D at a $7.87B valuation Hadrian
  3. Aug 6, 2026New investor: CapitalG Hadrian
  4. Aug 6, 2026New investor: JPMorganChase Strategic Investment Group Hadrian
  5. Aug 6, 2026New investor: Valor Equity Partners Hadrian
Earlier changes (15)
  1. Aug 6, 2026New investor: Apollo Global Management Hadrian
  2. Aug 6, 2026New investor: Washington Harbour Partners Hadrian
  3. Aug 6, 2026New investor: Baillie Gifford Hadrian
  4. Aug 6, 2026Hadrian Valuation Hits $7.9B on Defense Boom Pulse story
  5. Aug 6, 2026Hadrian Raises $1.37B to Automate Defense Factories Pulse story
  6. Aug 6, 2026Valuation rose from $1.6B to $7.87B Hadrian
  7. Jan 10, 2026Raised Undisclosed at a $1.6B valuation Pulse 2.0
  8. Jan 10, 2026First reported valuation: $1.6B Pulse 2.0
  9. Jan 10, 2026New investor: StepStone Group Pulse 2.0
  10. Jan 10, 2026New investor: Construct Capital Pulse 2.0
  11. Jan 10, 2026New investor: 1789 Capital Pulse 2.0
  12. Jan 10, 2026New investor: T. Rowe Price Pulse 2.0
  13. Jan 10, 2026New investor: Andreessen Horowitz Pulse 2.0
  14. Jan 10, 2026New investor: Altimeter Capital Pulse 2.0
  15. Jan 10, 2026New investor: D1 Capital Partners Pulse 2.0

Funding history

3 equity events Β· newest first Β· sources dated per row
DateRoundAmountValuationLead investorsSource
Aug 6, 2026Series D$1.37B$7.87Bpost-money
With1789 CapitalunverifiedApollo Global ManagementunverifiedT. Rowe PriceunverifiedCapitalGunverifiedAndreessen HorowitzunverifiedFounders FundunverifiedLux CapitalunverifiedAltimeter CapitalunverifiedConstruct CapitalunverifiedWCM Investment ManagementMorgan Stanley Wealth Management
Hadrian
Jan 10, 2026Funding roundUndisclosed$1.6Bpost-money
T. Rowe Priceunverified
WithAltimeter CapitalunverifiedD1 Capital PartnersunverifiedStepStone Groupunverified1789 CapitalunverifiedFounders FundunverifiedLux CapitalunverifiedAndreessen HorowitzunverifiedConstruct Capitalunverified
Pulse 2.0
Jul 17, 2025Series C$260Mβ€”
Founders FundunverifiedLux Capitalunverified
TechCrunch

Equity only. β€œEquity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline Β· 2 rounds Β· $1.6B tracked
$0.0M$767M$1.5B$260MSeries CJul 25$1.4BSeries DAug 26

How Hadrian has been funded

Founders Fund and Lux Capital led Hadrian's $260 million Series C about a year before its August 2026 Series D, according to TechCrunch.[3] In January 2026 Hadrian raised an undisclosed amount at a $1.6 billion valuation, led by accounts advised by T. Rowe Price Associates, according to the company as reported by Pulse 2.0.[4] Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z and Construct Capital joined the January 2026 round.[4] On August 6, 2026, Hadrian announced $1.37 billion in new equity financing in a Series D that values the company at $7.87 billion.[1] WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford co-led the Hadrian Series D, with JPMorganChase's Strategic Investment Group as anchor co-lead.[1] Hadrian says the Series D will fund new factories, expanded R&D and additional production capabilities.[1]

Investors and their roles

  • WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford (co-led the $1.37 billion Series D, Aug 2026)[1]
  • JPMorganChase Strategic Investment Group (anchor co-lead of the Series D, Aug 2026)[1]
  • 1789 Capital (major participant in the Series D, Aug 2026; also in the Jan 2026 round)[1],[4]
  • T. Rowe Price (advised accounts led the Jan 2026 round and joined the Series D)[4],[1]
  • Founders Fund and Lux Capital (led the $260 million Series C; joined later rounds)[3],[1]
  • Morgan Stanley Wealth Management and funds managed by Apollo (Series D participants, Aug 2026)[1]
  • CapitalG, Andreessen Horowitz, Altimeter and Construct Capital (Series D participants, Aug 2026)[1]

Investors

Latest Pulse

  1. A Second Hadrian Raises $40M, This One For CybersecurityA Netherlands-based cybersecurity startup called Hadrian raised a $40 million Series B for its AI-powered offensive security platform -- a different company entirely from the $7.87 billion defense-manufacturing unicorn of the same name.β†’
  2. August Venture Funding Hit $42B, Up 122%Global venture investors deployed $42 billion across more than 1,500 startups in August 2026 -- more than double August 2025, but a quarter below July's $56 billion.β†’
  3. August VC Funding Jumped 122% From a Year AgoGlobal venture funding hit $42 billion across more than 1,500 startups in August, up 122% year over year but down 25% from July, with seven companies closing billion-dollar rounds led by Databricks at a $190 billion valuation.β†’
  4. Why VCs' Biggest August Checks Went to Reactors, Not AppsFive of the month's largest venture rounds funded nuclear reactors, home batteries, GPU-training infrastructure and automated factories rather than software, a distribution that says more about where capital is scarce than about any single pitch deck.β†’
  5. Defense Tech's Funding Surge Shows No Sign of SlowingAugust alone has produced a $250 million Neros Technologies round and a fresh $1.37 billion Hadrian raise, extending a defense-tech funding pace that has now outrun every full prior year on record.β†’
  6. Physical AI's Biggest Week Yet: $21 BillionSix deals in seven days β€” Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space β€” pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.β†’
  7. Defense Tech's Valuation Ladder Gains a New RungAnduril remains in talks to raise at a roughly $100B valuation just weeks after Hadrian's own 5x step-up to $7.87B β€” two data points suggesting defense-tech valuations are compounding faster than the underlying contract backlogs are being disclosed.β†’
  8. AI's Next Bottleneck Isn't Chips β€” It's the WiresLumilens emerged from stealth with $700M+ in new funding at a $5.51B valuation to build the optical links between AI chips, the same week Terafab, Taalas and Hadrian all bet on AI's physical layer.β†’
  9. AI's Biggest Bets This Week Were All About FactoriesTerafab's $16.8B chip fab, AMD's purchase of silicon startup Taalas, and Hadrian's $1.37B raise all point the same direction: AI capital moving from model weights into the physical plants that build chips and hardware.β†’
  10. This Week's Mega-Rounds, By the NumbersHadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.β†’

Coverage Timeline

newest first
  1. Oct 6, 2026AIA Second Hadrian Raises $40M, This One For Cybersecurity$40M Series B→
  2. Aug 15, 2026FUNDINGDefense Tech's Funding Surge Shows No Sign of Slowing→
  3. Aug 9, 2026AIPhysical AI's Biggest Week Yet: $21 Billion→
  4. Aug 9, 2026FUNDINGDefense Tech's Valuation Ladder Gains a New Rung~$100B talks→
  5. Aug 8, 2026AIAI's Next Bottleneck Isn't Chips — It's the Wires→
  6. Aug 8, 2026BIG TECHAI's Biggest Bets This Week Were All About Factories→
  7. Aug 7, 2026FUNDINGThis Week's Mega-Rounds, By the Numbers~$2.13B combined→
  8. Aug 6, 2026FUNDINGHadrian Raises $1.37B to Automate Defense Factories$1.37B Series D→
  9. Aug 6, 2026FUNDINGHadrian Valuation Hits $7.9B on Defense Boom$1.37B round→

All Coverage

AI
A Second Hadrian Raises $40M, This One For Cybersecurity
AI$40M Series B

A Second Hadrian Raises $40M, This One For Cybersecurity

A Netherlands-based cybersecurity startup called Hadrian raised a $40 million Series B for its AI-powered offensive security platform -- a different company entirely from the $7.87 billion defense-manufacturing unicorn of the same name.

DEEP DIVE
FUNDING
Defense Tech's Funding Surge Shows No Sign of Slowing
FUNDING

Defense Tech's Funding Surge Shows No Sign of Slowing

August alone has produced a $250 million Neros Technologies round and a fresh $1.37 billion Hadrian raise, extending a defense-tech funding pace that has now outrun every full prior year on record.

DEEP DIVE
AI
Physical AI's Biggest Week Yet: $21 Billion
AI

Physical AI's Biggest Week Yet: $21 Billion

Six deals in seven days β€” Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space β€” pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.

DEEP DIVE
FUNDING
Defense Tech's Valuation Ladder Gains a New Rung
Illustration for: Defense Tech's Valuation Ladder Gains a New Rung
FUNDING~$100B talks

Defense Tech's Valuation Ladder Gains a New Rung

Anduril remains in talks to raise at a roughly $100B valuation just weeks after Hadrian's own 5x step-up to $7.87B β€” two data points suggesting defense-tech valuations are compounding faster than the underlying contract backlogs are being disclosed.

BRIEF
AI
AI's Next Bottleneck Isn't Chips β€” It's the Wires
Illustration for: AI's Next Bottleneck Isn't Chips β€” It's the Wires
AI

AI's Next Bottleneck Isn't Chips β€” It's the Wires

Lumilens emerged from stealth with $700M+ in new funding at a $5.51B valuation to build the optical links between AI chips, the same week Terafab, Taalas and Hadrian all bet on AI's physical layer.

DEEP DIVE
BIG TECH
AI's Biggest Bets This Week Were All About Factories
BIG TECH

AI's Biggest Bets This Week Were All About Factories

Terafab's $16.8B chip fab, AMD's purchase of silicon startup Taalas, and Hadrian's $1.37B raise all point the same direction: AI capital moving from model weights into the physical plants that build chips and hardware.

DEEP DIVE
FUNDING
This Week's Mega-Rounds, By the Numbers
Illustration for: This Week's Mega-Rounds, By the Numbers
FUNDING~$2.13B combined

This Week's Mega-Rounds, By the Numbers

Hadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.

BY THE NUMBERS
FUNDING
Hadrian Raises $1.37B to Automate Defense Factories
Hadrian Raises $1.37B to Automate Defense Factories logo
FUNDING$1.37B Series D

Hadrian Raises $1.37B to Automate Defense Factories

Hadrian raised a $1.37B Series D at a $7.87B valuation -- roughly 5x its prior mark -- to build automated factories that machine precision parts for SpaceX, Anduril and other aerospace and defense suppliers.

BRIEF
FUNDING
Hadrian Valuation Hits $7.9B on Defense Boom
Hadrian Valuation Hits $7.9B on Defense Boom logo
FUNDING$1.37B round

Hadrian Valuation Hits $7.9B on Defense Boom

Hadrian raised $1.37 billion led by Baillie Gifford and JPMorgan Strategic Investment Group at a $7.9 billion valuation, more than quadrupling its January mark as investors pour capital into AI-driven defense manufacturing.

BRIEF

Value Add Research

Related Companies

More on HadrianDefense Tech Tracker β†’

Hadrian FAQ

What is Hadrian's valuation?

Hadrian is valued at $7.87 billion after its $1.37 billion Series D announced on August 6, 2026, up from a $1.6 billion valuation in January 2026.[1],[4]

How much revenue does Hadrian make?

Hadrian has not publicly disclosed its revenue; its most recent round was a $1.37 billion Series D in August 2026.[1]

Who invested in Hadrian?

Hadrian's August 2026 Series D was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford, with JPMorganChase's Strategic Investment Group as anchor co-lead.[1] Founders Fund and Lux Capital led Hadrian's $260 million Series C.[3]

How much has Hadrian raised?

Value Add VC tracks $1.63 billion in disclosed equity across Hadrian's Series C ($260 million) and Series D ($1.37 billion); the amount of the January 2026 round was not disclosed.[3],[1],[4]

Who owns Hadrian?

Hadrian is privately held and backed by venture investors including Founders Fund, Lux Capital, Valor Equity Partners and Baillie Gifford (Aug 2026).[3],[1]

Is Hadrian a public company?

No; Hadrian raised a private $1.37 billion Series D in August 2026, so it was privately held as of that date.[1]

Who is the CEO of Hadrian?

Chris Power is the founder and CEO of Hadrian.[1]

References

researched 2026-10-19
  1. PR Newswire
  2. Hadrian
  3. TechCrunch
  4. Pulse 2.0
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data Β·