Hadrian fetches $1.37B to add more automation-intensive factories
Gettyimages.com / Yuichiro Chino
By
Ross Wilkers
The six-year-old company has four sites for making precision parts and other components, with plans for more facilities in-the-works.
Hadrian, a builder of automation-intensive manufacturing facilities, has collected $1.37 billion in Series D equity financing to aid the next phase of its push to stand up more factories for defense and other key industries.
Since its $260 million Series C capital raise in mid-2025, Hadrian has grown its footprint to slightly less than 3 million square feet across four sites with plans to add more capacity and production lines for making precision parts and other components.
Munitions and autonomous systems are of keen interest to Hadrian, which opened for business in 2020 to design facilities that pair workers with artificial intelligence and robotic technologies.
Hadrian said Thursday that JPMorgan Chase’s Strategic Investment Group joined the Series D round as anchor co-lead via the banking giant’s Security and Resiliency Initiative, a $1.5 trillion funding program unveiled in the fall.
WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford were co-leads for the new round. Other participants included 1789 Capital, Morgan Stanley Wealth Management, funds managed by Apollo, accounts advised by T. Rowe Price Associates, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital.
Hadrian’s touted valuation also increases to $7.87 billion with this capital infusion, which is also going toward the company’s research-and-development efforts and added capabilities at the manufacturing hubs.
Hadrian touts its model as “factories-as-a-service,” where defense companies can quickly scale up production capacities to meet demand for parts and assemblies.
"Production is now the frontline of deterrence," Chris Power, founder and CEO of Hadrian, said in a release. "America's ability to lead will depend on whether we can build, train, and scale faster. This financing allows Hadrian to accelerate building the Factories of the Future, expand into new mission-critical production capabilities, and invest in the technicians and engineers who will rebuild America's industrial base."