Real Estate
Home›Real Estate›Industry›Hadrian raises $1.37B for AI-powered factory expansion
Hadrian raises $1.37B for AI-powered factory expansion
The Series D values the Torrance-based company at $7.87 billion, with proceeds earmarked for new factories and expanded R&D.
ConnectCRE reports that Hadrian, a Torrance-based advanced manufacturing company building highly automated factories, raised $1.37 billion in Series D financing.
The round values Hadrian at $7.87 billion. The company said it plans to use the funding to construct new factories, expand research and development, and advance its artificial intelligence-powered production capabilities.
ConnectCRE also notes that WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford co-lead the financing, with JPMorganChase’s Strategic Investment Group joining as an anchor co-lead.