Defense technology firm Hadrian announced on Thursday, August 6, 2026, that it has raised $1.37 billion in a new funding round. This latest investment values the company at $7.87 billion.
A diverse group of investors participated, with lead investors including WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford. Other participating firms included 1789 Capital, Morgan Stanley Wealth Management, and funds managed by Apollo and T. Rowe Price, alongside CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, and Altimeter.
Hadrian specialises in building automated manufacturing facilities to mass-produce parts for existing military vehicles. This approach differs from developing new AI-powered weapons.
Earlier this year, in March, Hadrian opened its fourth facility in Alabama. This site is dedicated to mass-producing parts for submarines and was established through a public/private partnership valued at $2.4 billion, according to Hadrian.