The brief
- Raised $1.37B in August 2026 at $7.87B, about five times its value a year earlier. JPMorgan anchored the round.
- Moving from single parts to whole products, including munitions and navy ship components.
- Core bet: software lets newly trained workers run machines that normally need veteran machinists.
Technical approach
Automating the paperwork
In-house software does much of the machine programming, quoting and scheduling that normal shops do by hand.
Automatic checking
Measuring machines check each part, and the data follows the part, as aerospace and defense rules require.
Training new workers fast
Its academy trains people with no machining background to run machines in weeks, easing the machinist shortage.
Hadrian, one program
Updated 6 Aug 2026Open technical problems
- Many parts, small batchesActive research
Aerospace needs thousands of different parts in small batches, which is much harder to automate than one part in bulk.
- Growing fast enoughOpen
Building factories, getting machines and hiring must keep up with defense demand. It is expensive and risky.
Company & funding
- Valuation
- $7.9Bprivate
- Raised
- $1.7Bdisclosed private rounds
- Last round
- Series DAug 2026
- HQ
- US
- Founded
- 2020
| Date | Round | Amount | Post-money | Lead |
|---|---|---|---|---|
| Aug 2026 | Series D | $1.4B | $7.9B | JPMorgan Chase Strategic Investment Group, WCM Investment Management, Valor Equity Partners, Baillie Gifford |
| 17 Jul 2025 | Series C | $260M | — | Founders Fund, Lux Capital |
| Jul 2023 | Series B | $90M | — | Lux Capital, Founders Fund |
Partners & customers
- Investor
- Investor
- Investor
Its Strategic Investment Group anchored the 2026 Series D.
- CustomerUS Army
Manufacturing work, including at Red River Army Depot.
- CustomerUS Navy
Ship and submarine parts.
People
- Chris PowerFounder & CEO

