Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg

In Brief

New details person emerged astir Valor Equity Partners’ Fund VII, which past twelvemonth filed paperwork with the U.S. Securities and Exchange Commission to statesman raising capital.

Bloomberg reported Wednesday that the money is targeting astatine slightest $2.5 cardinal successful capital, a information of which has already been acceptable speech for further investments successful SpaceX. This whitethorn not beryllium a surprise, fixed that the steadfast and its founder, Antonio Gracias, are semipermanent supporters of Elon Musk. According to Bloomberg, Valor Equity Partners owns astir 4% of SpaceX, which debuted connected the nationalist markets past week.

It’s not wholly wide what the fund’s thesis volition be, but past investments apt connection a clue. Aside from backing galore Musk projects, Valor has besides chopped checks to subject exertion shaper Anduril and quality sharing tract Reddit. As Bloomberg notes, Valor’s funds typically absorption connected helping companies scale, particularly astatine the maturation stage, though it has raised superior to supply much early-stage support.

Valor previously announced the closing of Fund VI for $2.35 cardinal successful 2024, chiefly focused connected operational maturation investments.

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