Hadrian raises $1.37 billion Series D at $7.87 billion valuation

Evidence notes

• WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford co-led the round; JPMorganChase joined as anchor co-lead.
• The round also included 1789 Capital and participation from Morgan Stanley Wealth Management, Apollo-managed funds, T. Rowe Price-advised accounts, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital.
• Hadrian said the equity would fund new factories, expanded R&D and additional production capabilities.