"He could have tried to get a more traditional aerospace job, but Gull was worried he'd "work five years on a latch" - a common joke about those bigger, slow-moving companies. But at Scaled Composites? "I knew I would build something, and I would do it quickly, and I would be a college graduate who would own an actual outcome," he said."
"Gull has made nine investments in startups that span industries like nuclear energy (Deep Fission), humanoid robotics (Persona AI), and, of course, aerospace (Airship Industries). He told TechCrunch he expects to do about 25 seed or pre-seed investments out of this fund. (Gull declined to name the anchor LP, and said the rest of the fund was filled by high net worth individuals, with support from other funds and "large family offices.")"
Jamie Gull graduated from Stanford in 2007 with a master's in aeronautics and joined Scaled Composites to build experimental aircraft in the Mojave Desert. He later joined SpaceX and helped make the Falcon 9 rocket reusable. Gull recently closed Wave Function Ventures' first fund at $15.1 million to invest in early-stage deep tech startups. He has made nine investments so far across sectors including nuclear energy (Deep Fission), humanoid robotics (Persona AI), and aerospace (Airship Industries), and expects about 25 seed or pre-seed investments from the fund. The fund's limited partners include high-net-worth individuals, other funds, and large family offices. Deep tech funding is rising, with larger funds like Leitmotif attracting significant capital from strategic investors such as the Volkswagen Group.
Read at TechCrunch
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