The Latest Breaking News from Founders Fund

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023.

A SCOTTISH firm has given financial backing to an AI weapons start-up founded by a US tech billionaire who has links to Donald Trump.

Hadrian is backed by Andreessen Horowitz, Founders Fund, and Lux Capital.

The price of fuel for nuclear reactors has outpaced raw uranium since the start of 2022. This indicates that conversion is the biggest bottleneck, and the weakest link, in the nuclear fuel supply chain. Russia controls 22% of global uranium conversion capacity and 44% of enrichment capacity - but that's…

VC-backed Primer successfully partnered with the Florida House and Senate to pass HB1285, an amendment to the state's educational omnibus bill, expanding potential school sites to more than 50,000 locations.

Armada came out of stealth in 2023, and has so far raised $100 million, having just announced its Series A in December. And now, Fortune can exclusively report, it has scored another $40 million from Microsoft’s venture fund, M12.

Since its launch in 2017, the startup has raised over $1 billion from investors such as Sequoia Capital, Founders Fund, Y Combinator, Khosla Ventures, and Lightspeed Venture Partners.

After Hour recently raised its $4.5 million seed round, Fortune can exclusively report. Founders Fund and General Catalyst led the round, and were joined by Pear VC and others.