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Benzinga
Benzinga
Business
Snigdha Gairola

Peter Thiel-Backed Hadrian Raises $260 Million To Build AI-Powered Mega Factory In Arizona

Did Peter Thiel-Backed Rainmaker's Cloud Seeding Trigger Texas Flash Floods? Experts Weigh In

Hadrian, a defense manufacturing startup, has successfully concluded a $260 million Series C funding round, led by Peter Thiel’s Founders Fund and Lux Capital.

What Happened: The funding will be utilized to establish a new 270,000 square foot factory in Mesa, Arizona, and expand its Torrance, California, location, CNBC reported on Thursday.

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