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137 Ventures Raises Over $700 Million for Two New Funds to Explore AI and Other Investments
Early investor in SpaceX, 137 Ventures, announced that its two new funds have completed fundraising exceeding $700 million, increasing its assets under management (AUM) to over $15 billion. The new capital will support its pursuit of investment opportunities in areas such as AI agents, robotics, and aerospace propulsion. It is reported that 137 Ventures currently holds over 1% of SpaceX’s shares, and with SpaceX expected to seek an IPO this year, potentially surpassing a $1 trillion valuation, the value of 137 Ventures’ holdings could exceed $10 billion.