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Startup Hadrian raises $260 million to expand its AI-powered factories to meet soaring demand
Startup Hadrian raises $260 million to expand its AI-powered factories to meet soaring demand

CNBC

time7 days ago

  • Business
  • CNBC

Startup Hadrian raises $260 million to expand its AI-powered factories to meet soaring demand

Morgan Brennan sits down with Hadrian founder and CEO Chris Power to discuss the startup's $260 million Series C round led by Founders Fund and Lux, as well as a factory expansion line led by Morgan Stanley. Morgan and Chris explore how Hadrian is leveraging AI and automation to modernize U.S. manufacturing, support the defense industrial base, skill workers rapidly, and compete with China's industrial dominance. Amid the focus on reshoring manufacturing and reindustrializing the U.S., Hadrian's revenue grew tenfold last year.

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