How much capital did 137 Ventures raise?

137 Ventures raised $700 million across two new funds.

What is the investment focus of 137 Ventures' new funds?

The new funds are intended to back startups over longer investment horizons and will be used for primary investments, tenders, and support for founders and employees.

What is 137 Ventures' total assets under management?

Following the new capital raise, 137 Ventures' total assets under management amount to $15 billion across nine funds and co-investments.

Home / Business and Economy / SpaceX Investor 137 Ventures Raises $700M

SpaceX Investor 137 Ventures Raises $700M

30 Apr

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Summary

137 Ventures raised $700 million in new funds.
New capital targets longer investment horizons for startups.
Firm's assets under management now total $15 billion.

SpaceX Investor 137 Ventures Raises $700M

137 Ventures has successfully raised $700 million through two new investment funds, signaling a commitment to longer-term startup backing. The firm, a consistent supporter of Elon Musk's SpaceX since 2010, will deploy this capital across primary investments, tenders, and support for founders and employees of its portfolio companies.

With this latest capital raise, 137 Ventures' total assets under management have grown to $15 billion across nine funds and co-investments. The firm has also been expanding its team, hiring key personnel to bolster its strategic initiatives and fund strategies, further solidifying its position in the venture capital sector.

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