Automated Factory Builder Hadrian Raises $1.37B in Series D Round

Hadrian, a Torrance-based advanced manufacturing company building highly automated factories, has raised $1.37 billion in Series D financing. The capital raise values Hadrian at $7.87 billion.

The company said it will use the financing to construct new factories, expand its research and development and advance its artificial intelligence-powered production capabilities. WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford are co-leading the financing round, which has been joined by JPMorganChase’s Strategic Investment Group as anchor co-lead.

“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,” said Chris Power, founder and CEO of Hadrian

Since its Series C financing 12 months ago, Hadrian has opened new factories in Mesa, AZ and Muscle Shoals, AL, bringing its footprint to just under three million square feet across four sites.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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