137 Ventures Raises $700M for Two Growth-Stage Funds
137 Ventures, a venture capital firm with ties to SpaceX, has raised $700 million for two new growth-stage funds. The firm has invested over $1 billion in the past year into startups in defense, AI, and industrial systems, including companies like Cognition, Hadrian Automation, and Anduril. The firm has also been a long-time investor in SpaceX, which is expected to go public this year with a valuation potentially exceeding $1 trillion.
Topics: AI defense technology fundraising SpaceX startups venture capital