SpaceX backer 137 Ventures raises $700M for two growth-stage funds
137 Ventures has raised over $700 million for two new growth-stage funds focused on startups with significant market potential. The firm, founded by Justin Fishner-Wolfson, has deployed more than $1 billion in the past year across sectors including AI, defense, and industrial systems. Notable investments include SpaceX, Cognition, Hadrian Automation, and Anduril, with SpaceX anticipated to have a major IPO this year.
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In Brief Posted: 8:29 AM PDT · April 30, 2026 Image Credits:FeelPic / Getty Images Dominic-Madori Davis SpaceX backer 137 Ventures raises $700M for two growth-stage funds VC firm 137 Ventures announced Thursday that it has raised more than $700 million across two new growth-stage funds to back startups “with the potential for significant market impact.” In the past year, the firm, founded by former Founders Fund investor Justin Fishner-Wolfson, said it has deployed more than a billion dollars into companies building in defense, AI, and industrial systems. Its portfolio includes AI agent company Cognition, AI-powered manufacturing company Hadrian Automation, and defense company Anduril.
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