For what one might expect to be a sleepy week in mid-July, this turned out to be a fairly active period for venture dealmaking. Top fundraisers included Hadrian, a developer of AI-enabled factories for aerospace and defense, and OpenEvidence, a medical AI tool. This week also brought us official confirmation of the previously reported record-setting $2 billion seed round for Thinking Machines Lab. 1. Hadrian, $260M, manufacturing: Hadrian, a Hawthorne, California-based developer of AI-enabled factories for aerospace and defense manufacturing, announced that it raised $260 million in a Series C round led by existing investors Founders Fund and Lux Capital. The financing also includes a factory expansion loan facility arranged by Morgan Stanley. 2. OpenEvidence, $210M, medical information: OpenEvidence, a medical search and AI application for U.S. clinical healthcare providers, closed on $210 million in Series B funding. Google Ventures and Kleiner Perkins led the financing for the...
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