137 Ventures Raises Over $700 Million to Increase AI and Space Investments

Techub News, according to crypto.news, venture capital firm 137 Ventures recently completed a fundraising of over $700 million, with its assets under management exceeding $15 billion. The firm stated that the new funds will be used to invest in AI agents, robotics, advanced industrial systems, and aerospace. The firm currently holds over 1% of SpaceX shares, valued at more than $10 billion. It has deployed over $1.7 billion in the past 12 months, with recent investments including AI company Cognition and space logistics company Impulse Space.