Funding round
Hadrian Series D
Hadrian, which works in automated factory design and manufacturing in Torrance, raised $1.37B in a Series D round announced on 6 Aug 2026, led by WCM Investment Management, Washington Harbour, Valor, 137 Ventures, Baillie Gifford and JPMorgan Chase's Strategic Investment Group, at a $7.87B post-money valuation. 16 firms took part. It is Hadrian's fourth venture round on record; the one before was a Series C in Jul 2025.
$1.37B
Amount raised
$7.87B
Post-money valuation
$6.50B pre-money
16
Investors
6 leads
17%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Hadrian at $7.87B after the new money. The $1.37B bought investors about 17% of the company. It came 13 months after Hadrian's Series C. It is 75% of the $1.84B Hadrian has raised in the venture rounds on record. No later venture round is on record for Hadrian.
Hadrian's funding rounds
Hadrian has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
WCM Investment Management, Washington Harbour, Valor, 137 Ventures, Baillie Gifford and JPMorgan Chase's Strategic Investment Group led the round with 10 other firms.
Lead investors
- WCM Investment Management new investor
- backs 30 venture-backed companies new investor
- Valor backs 143 venture-backed companies new investor
- 137 Ventures backs 25 venture-backed companies new investor
- Baillie Gifford new investor
- JPMorgan Chase's Strategic Investment Group new investor
Also in the round
- Morgan Stanley backs 120 venture-backed companies new investor
- Apollo backs 41 venture-backed companies new investor
- T. Rowe Price Associates, Inc. new investor
- CapitalG backs 70 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
- Founders Fund backs 368 venture-backed companies new investor
- Lux Capital backs 194 venture-backed companies new investor
- Altimeter backs 67 venture-backed companies new investor
- backs 31 venture-backed companies new investor
- 1789 Capital new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
13 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $500M, and this round was 2.7 times the median. The closest in time, other companies' Series D rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Quantum Systems Aerospace and Defence | 2 Jul 2026 | $1.20B | $8.00B | Blackstone and Noteus |
| K2 Space Aerospace and Defence | 30 Jul 2026 | $500M | $6.80B | Kleiner Perkins and ICONIQ |
| Varda Space Industries Aerospace and Defence | 30 Sep 2026 | $251M | $1.60B | Lux Capital and Natural Capital |
| Impulse Space Aerospace and Defence | 2 Jun 2026 | $500M | $4.26B | 137 Ventures and Banner VC |
| Isar Aerospace Aerospace and Defence | 9 Jun 2026 | $310M | $2.30B | not named |
| Aerospace and Defence | 22 Oct 2026 | $250M | $2.45B | not named |
| Aerospace and Defence | 19 Jun 2026 | $195M | not disclosed | not named |
| True Anomaly Aerospace and Defence | 28 Apr 2026 | $650M | $2.20B | Eclipse and Riot Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Hadrian raise in its Series D round?
Hadrian raised $1.37B in its Series D round, announced in Aug 2026.
Who led Hadrian's Series D round?
WCM Investment Management, Washington Harbour, Valor, 137 Ventures, Baillie Gifford and JPMorgan Chase's Strategic Investment Group led it, with Morgan Stanley, Apollo, T. Rowe Price Associates, Inc., CapitalG and Andreessen Horowitz and 5 more.
What was Hadrian's valuation at the Series D round?
$7.87B post-money ($6.50B pre-money).
How does it compare with other Series D rounds in Aerospace and Defence?
13 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $500M, and this round was 2.7 times the median.