San Francisco – February 21, 2024 – Cooley advised Hadrian Automation, a company building highly automated factories to accelerate the entire advanced manufacturing sector and bring the future forward faster, on its $117 million Series B financing. Lawyers Peter Werner, Zander Olsson, Carl Min and Erin Wright led the Cooley team advising Hadrian.
The financing included participation from RTX Ventures – the venture arm of US Department of Defense prime contractor RTX (formerly called Raytheon) – as well as Construct Capital, WCM Investment Management, Bracket Capital, Shrug Capital, Lux Capital, Andreessen Horowitz, Founders Fund, S&A, Silent Ventures, Cubit Capital, Caffeinated Capital, Tru Arrow Partners, and other existing investors. The proceeds will be used to grow the company's automation and software teams to improve processes and meet new customer demand.
Cooley has advised Hadrian Automation since 2021, including its Series Seed and Series A financing rounds.
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