"137 Ventures has raised over $700 million across two new growth-stage funds to back startups with the potential for significant market impact."
"In the past year, the firm 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 Andruil."
"137 Ventures first backed SpaceX in 2010 and has since cut the company around two dozen checks."
137 Ventures has successfully raised more than $700 million across two new growth-stage funds aimed at supporting startups with significant market potential. Over the past year, the firm has invested over a billion dollars in companies focused on defense, artificial intelligence, and industrial systems. Notable portfolio companies include Cognition, Hadrian Automation, and Andruil. Additionally, 137 Ventures has been a long-time investor in SpaceX, which is anticipated to have a historic IPO this year, potentially valuing the company over a trillion dollars.
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