PANews, August 7: According to PRNewswire, defense technology company Hadrian has completed a $1.37 billion Series D round at a $7.87 billion valuation, led jointly by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford, with JPMorgan Chase’s Strategic Investment Group as anchor co-lead investor. Additional participants include 1789 Capital, Morgan Stanley Wealth Management, Apollo Funds, T. Rowe Price, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, and Al
Defense tech firm Hadrian completes $1.37B Series D round at a $7.87B valuation
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Summary
Defense tech firm Hadrian closed a $1.37 billion Series D funding round at a $7.87 billion valuation, marking a major funding milestone in the sector. The round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford, with JPMorgan Strategic Investment Group serving as anchor co-lead. Additional investors included 1789 Capital, Morgan Stanley Wealth Management, Apollo Fund, T. Rowe Price, CapitalG, Andreessen Horowitz, Founders Fund, and Lux Capital. The funding comes amid growing interest in defense innovation and may impact related cryptocurrency price movements as institutional capital flows into high-growth sectors.
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