March 29, 2024

Chris Power, Hadrian: $10B or Zero, Revitalizing American Manufacturing

51 minutes

In this podcast, Molly O'Shea interviews Chris Power, Founder & CEO of Hadrian, a vertically integrated deep tech manufacturing company. Hadrian recently raised a $117M Series B to support its mission of revitalizing American manufacturing. The company experienced strong customer demand, leading to an accelerated fundraise to meet the needs of large customers and expand its factory and operations to multiple states to support its growth. The company's vertical integration, focus on software and robotics, and emphasis on talent and workforce development, create an industry-leading moat. The conversation covers the importance of manufacturing for global competitiveness, America's position in global politics, building a "Tesla-hard" business, the strong vibe shift in the industry, recruiting and investor momentum, the early days of Hadrian, reflecting and resetting as a scaling Founder, drilling holes in servers, and building for the future.

Hadrian is actively hiring software engineers and other roles to continue scaling its operations. Email: [email protected] or visit https://www.hadrian.co/careers

@MollySOShea

@2112Power

Resources

Check out Hadrian: https://www.hadrian.co/

Subscribe to Sourcery: https://www.sourcery.vc/

Companies Mentioned

Software/ Tech:

Tesla https://www.tesla.com/

Anduril https://www.anduril.com/

Palantir https://www.palantir.com/

Rippling https://www.rippling.com/

SpaceX https://www.spacex.com/

Ramp https://ramp.com/

Netflix https://www.netflix.com/

AWS https://aws.amazon.com/

VC:

Construct Capital https://constructcap.com/

Andreessen Horowitz https://a16z.com/

Founders Fund https://foundersfund.com/

Lux Capital https://www.luxcapital.com/

RTX Ventures https://www.rtx.com/

Timestamps

(00:00) Preview

(02:02) Hadrian's Massive Series B Raise and Mission to Revitalize American Industry

(05:24) The Strategic Decision Behind Hadrian's Emergency Fundraise

(07:32) Chris' Backstory and the Challenges/Opportunities in Manufacturing Software

(12:55) Scaling Operations and the Future of Hadrian's Factories

(14:51) On Hadrian's Vertical Integration and Moat

(18:39) Recruiting and Training: The Backbone of Hadrian's Success

(22:15) Pitching to Software Engineers and the Engineering Challenges at Hadrian

(25:33) Expanding the Team and the Future Goals for Hadrian

(26:52) Chris Power's Bullish Stance on American Manufacturing

(30:42) Vibe Shift in the Venture Capital Ecosystem

(36:10) Foundational Challenges of Deep Tech Startups

(40:28) Reorienting and Resetting While Scaling a Company

(48:26) Future Outlook for Hadrian and Deep Tech Innovation

(51:09) Wrap

...more

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By Sourcery with Molly O'Shea

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