Founders AND 3

Founders Fund is a San Francisco-based venture capital firm established in 2005, specializing in investments across various stages, from seed to later-stage funding. The firm targets companies that are developing transformative technologies in sectors such as consumer internet, biotechnology, artificial intelligence, aerospace, energy, and health. Founders Fund has a diverse investment portfolio, having backed notable companies like SpaceX, Facebook, and Palantir. The firm employs a founder-friendly investment approach, aiming to support entrepreneurs with minimal interference. With over $2 billion in capital under management, Founders Fund continues to seek innovative solutions to global challenges, making investments typically ranging from $500,000 to $300 million.

Delian Asparouhov

Principal

Jennifer Campbell

Partner

Lauren Gross

Partner and COO

Bridget Harris

Associate

Sean Liu

Partner

Jeffrey Lonsdale

Managing Director, Asia

John Luttig

Partner

Amin Mirzadegan

Partner

Scott Nolan

Partner

Neil Ruthven

CFO

Trae Stephens

Partner

Napoleon Ta

Partner

Matias Van Thienen

Partner

Past deals in Manufacturing

Freeform

Venture Round in 2023
Freeform is a stealth-mode additive manufacturing company. The company was founded in 2018 and is headquartered in El Segundo, California.

Hadrian

Series A in 2022
Hadrian is a manufacturer of critical precision components tailored for the aerospace and defense industries. The company offers a platform that streamlines the production of these components, enabling factories to deliver high-quality parts quickly and efficiently. By focusing on advanced manufacturing techniques, Hadrian aims to significantly reduce the costs associated with building rockets, satellites, engines, and drones. This approach supports frontier technology enterprises in developing innovative aerospace solutions at a more affordable rate, ultimately contributing to advancements in rocket and aircraft manufacturing.

AREVO

Venture Round in 2021
AREVO, based in Silicon Valley, California, develops technology to enable direct digital additive manufacturing of ultra-strong, lightweight composite parts for end use applications in high volume. With the company's unique combination of breakthrough materials, powerful design/build software, and free motion robotics for the first “true 3D” construction, AREVO is moving beyond prototypes by enabling the design and fabrication of large, mass-produced parts and structures, quickly leading 3D printing into mainstream manufacturing. AREVO provides designers and manufacturers with unprecedented freedom to unlock the unparalleled strength and weight of composite materials for a wide range of consumer and industrial products, and has seen early success manufacturing CFRTP composite parts for OEM customers. With an initial focus on Aerospace, Defense, Consumer Electronics, Transportation, and Consumer Goods, Arevo is poised to optimize additive manufacturing services to OEM’s worldwide.

Varda

Series A in 2021
Varda Space Industries, Inc. is a space manufacturing startup founded in 2020 and based in San Francisco, California. The company focuses on creating products in space that can be utilized for terrestrial applications, leveraging the advantages of low gravity. Varda aims to establish an infrastructure that facilitates the harvesting of materials from space, particularly through asteroid mining, to produce new products. The founders of the company are Delian Asparouhov and Trae Stephens.

Hadrian

Seed Round in 2021
Hadrian is a manufacturer of critical precision components tailored for the aerospace and defense industries. The company offers a platform that streamlines the production of these components, enabling factories to deliver high-quality parts quickly and efficiently. By focusing on advanced manufacturing techniques, Hadrian aims to significantly reduce the costs associated with building rockets, satellites, engines, and drones. This approach supports frontier technology enterprises in developing innovative aerospace solutions at a more affordable rate, ultimately contributing to advancements in rocket and aircraft manufacturing.

Multiply Labs

Series A in 2021
Multiply Labs specializes in the manufacturing of personalized pharmaceutical capsules tailored to the specific needs of individual patients. By integrating pharmaceutical science with advanced robotics technology, the company has developed a unique robotic manufacturing facility that allows for the production of these capsules efficiently and cost-effectively. Multiply Labs is notable for being the first company to successfully introduce 3D printed capsules to the market, enabling the pharmaceutical industry to deliver medications that align with the unique metabolic requirements of patients.

Varda

Seed Round in 2020
Varda Space Industries, Inc. is a space manufacturing startup founded in 2020 and based in San Francisco, California. The company focuses on creating products in space that can be utilized for terrestrial applications, leveraging the advantages of low gravity. Varda aims to establish an infrastructure that facilitates the harvesting of materials from space, particularly through asteroid mining, to produce new products. The founders of the company are Delian Asparouhov and Trae Stephens.

Cover

Series A in 2020
Cover Technologies Inc. specializes in the design, manufacturing, and installation of prefabricated homes, with a particular focus on custom backyard structures such as studios, home offices, guest houses, and hobby spaces. Founded in 2014 and based in Gardena, California, Cover employs proprietary design software and a precision manufacturing system to create energy-efficient and well-designed living spaces. The company aims to make thoughtfully built homes accessible to a broader audience, offering a streamlined process that significantly reduces the time required for traditional construction. Cover has initiated operations in Los Angeles and is currently accepting pre-orders for its products worldwide.

MADE

Seed Round in 2020
MADE is an architecture and planning company that specializes in home renovation. It provides managed services that combine design, materials, and construction into a single, stress-free home renovation experience. Made Renovation offers design estimation, 3D renderings, materials, and construction. They create photorealistic 3D renders of a future bathroom using the same technology as movie studios. The company was founded in 2019 and headquartered in San Francisco, California.

Modumetal

Venture Round in 2019
Modumetal, Inc. develops and manufactures advanced nano-laminated metals designed for a variety of applications across multiple industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with a sales office in The Woodlands, Texas, the company specializes in producing corrosion-resistant alloys that are lighter, stronger, and more durable than traditional metals. By utilizing low-cost electrochemical methods to grow metals, Modumetal creates materials that enhance structural integrity and thermal performance. Their product offerings include customized alloys, fasteners, pumps, valves, and production tubulars, all aimed at improving asset returns and reducing corrosion in diverse production environments. This innovative approach to material science positions Modumetal as a leader in the development of high-performance materials that can replace conventional metals and composites.

Modumetal

Venture Round in 2019
Modumetal, Inc. develops and manufactures advanced nano-laminated metals designed for a variety of applications across multiple industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with a sales office in The Woodlands, Texas, the company specializes in producing corrosion-resistant alloys that are lighter, stronger, and more durable than traditional metals. By utilizing low-cost electrochemical methods to grow metals, Modumetal creates materials that enhance structural integrity and thermal performance. Their product offerings include customized alloys, fasteners, pumps, valves, and production tubulars, all aimed at improving asset returns and reducing corrosion in diverse production environments. This innovative approach to material science positions Modumetal as a leader in the development of high-performance materials that can replace conventional metals and composites.

Nanotronics

Series D in 2017
Nanotronics Imaging is a high-tech, cutting edge, microscopy, and software company delivering rapid testing and analysis solutions to sectors ranging from materials science and semiconductors to life science and medicine. It has redefined factory control through the invention of a platform that combines AI, automation, and sophisticated imaging to assist human ingenuity in detecting flaws and anomalies in manufacturing. The company was founded in 2010 and is based in New York, New York.

Elemental Machines

Seed Round in 2016
Elemental Machines, Inc. is a technology company based in Cambridge, Massachusetts, founded in 2014. The company focuses on enhancing laboratory operations in science-based industries through its smart lab platform, which delivers data-driven insights. By continuously monitoring equipment and environmental variables, Elemental Machines aims to improve clarity, transparency, and consistency in research, development, and manufacturing processes. This approach not only enhances repeatability but also enables the collection of new data sets for advanced analytics, ultimately revolutionizing the efficiency and effectiveness of laboratory operations.

Plethora

Venture Round in 2015
Plethora Corporation specializes in the design, manufacturing, and supply of precision machined parts, utilizing advanced robotics and software to enhance CNC machining processes. Established in 2012 and headquartered in San Francisco, California, with an additional office in Marietta, Georgia, the company focuses on the milling and turning of various materials, including aluminum and copper alloys, plastics, steels, and stainless steels. Plethora serves a diverse range of industries, including robotics, automotive, aerospace, and consumer packaged goods, providing custom parts tailored to customer specifications. Its innovative manufacturing system integrates seamlessly with existing CAD and CAM software, allowing for increased efficiency in the production of custom components.

Modumetal

Venture Round in 2015
Modumetal, Inc. develops and manufactures advanced nano-laminated metals designed for a variety of applications across multiple industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with a sales office in The Woodlands, Texas, the company specializes in producing corrosion-resistant alloys that are lighter, stronger, and more durable than traditional metals. By utilizing low-cost electrochemical methods to grow metals, Modumetal creates materials that enhance structural integrity and thermal performance. Their product offerings include customized alloys, fasteners, pumps, valves, and production tubulars, all aimed at improving asset returns and reducing corrosion in diverse production environments. This innovative approach to material science positions Modumetal as a leader in the development of high-performance materials that can replace conventional metals and composites.

Plethora

Series A in 2014
Plethora Corporation specializes in the design, manufacturing, and supply of precision machined parts, utilizing advanced robotics and software to enhance CNC machining processes. Established in 2012 and headquartered in San Francisco, California, with an additional office in Marietta, Georgia, the company focuses on the milling and turning of various materials, including aluminum and copper alloys, plastics, steels, and stainless steels. Plethora serves a diverse range of industries, including robotics, automotive, aerospace, and consumer packaged goods, providing custom parts tailored to customer specifications. Its innovative manufacturing system integrates seamlessly with existing CAD and CAM software, allowing for increased efficiency in the production of custom components.

Nanotronics

Series B in 2013
Nanotronics Imaging is a high-tech, cutting edge, microscopy, and software company delivering rapid testing and analysis solutions to sectors ranging from materials science and semiconductors to life science and medicine. It has redefined factory control through the invention of a platform that combines AI, automation, and sophisticated imaging to assist human ingenuity in detecting flaws and anomalies in manufacturing. The company was founded in 2010 and is based in New York, New York.

Plethora

Seed Round in 2013
Plethora Corporation specializes in the design, manufacturing, and supply of precision machined parts, utilizing advanced robotics and software to enhance CNC machining processes. Established in 2012 and headquartered in San Francisco, California, with an additional office in Marietta, Georgia, the company focuses on the milling and turning of various materials, including aluminum and copper alloys, plastics, steels, and stainless steels. Plethora serves a diverse range of industries, including robotics, automotive, aerospace, and consumer packaged goods, providing custom parts tailored to customer specifications. Its innovative manufacturing system integrates seamlessly with existing CAD and CAM software, allowing for increased efficiency in the production of custom components.
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