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137 Ventures has completed fundraising of over $700 million for two new funds, intending to explore investments in areas such as AI agents.

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3 hours ago
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PANews May 1 news, according to TechfundingNews report, early investor of SpaceX 137 Ventures announced that its two new funds have completed fundraising of over 700 million dollars, increasing its assets under management (AUM) to over 15 billion dollars. The new funds will support its search for investment opportunities in areas such as AI agents, robotics, and aerospace propulsion.

It is reported that 137 Ventures currently holds more than 1% of shares in SpaceX, and as SpaceX is expected to seek an IPO this year, with a valuation possibly exceeding 1 trillion dollars, the value of 137 Ventures' holdings may exceed 10 billion dollars.

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