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VC steadfast 137 Ventures announced Thursday that it has raised much than $700 cardinal crossed 2 caller growth-stage funds to backmost startups “with the imaginable for important marketplace impact.”
In the past year, the firm, founded by erstwhile Founders Fund capitalist Justin Fishner-Wolfson, said it has deployed much than a cardinal dollars into companies gathering successful defense, AI, and concern systems. Its portfolio includes AI cause institution Cognition, AI-powered manufacturing institution Hadrian Automation and, defence institution Andruil.
It is also, notably, an capitalist successful Elon Musk’s SpaceX, which is expected to person a historical IPO this twelvemonth that could worth the institution astatine much than a trillion. Bloomberg reported that 137 Ventures archetypal backed SpaceX successful 2010 and has since chopped the institution astir 2 twelve checks.
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