<\/p>\n
137 Ventures has raised over $700m across two new funds, lifting AUM above $15b as it doubles down on AI agents, robotics, advanced industry and a $10b\u2011plus SpaceX stake.<\/p>\n
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San Francisco\u2013based 137 Ventures has raised over $700 million for two new investment vehicles, according to\u00a0TechFundingNews<\/a>\u00a0and a separate\u00a0press release<\/a>.<\/p>\n The closings bring the firm\u2019s total assets under management to more than $15 billion as of March 2026, cementing its status as one of the larger specialist growth funds backing late\u2011stage technology companies.<\/a><\/p>\n 137 Ventures, founded in 2010 by Justin Fishner\u2011Wolfson and S. Alexander Jacobson after their time at Founders Fund, focuses on \u201cgenerational technology companies\u201d and often provides liquidity solutions to founders and early employees alongside primary capital.<\/p>\n In its announcement, 137 Ventures said the new funds will back companies \u201coperating at the frontier of AI, defense, and advanced industrial systems,\u201d highlighting categories such as AI agents, robotics, and novel aerospace propulsion as key focus areas.<\/p>\n Recent disclosed portfolio additions include Cognition, Impulse Space, Hadrian, and Physical Intelligence\u2014startups working on AI copilots, in\u2011space logistics, automated precision manufacturing, and embodied AI, respectively.<\/a><\/p>\n Over the past 12 months, the firm has deployed more than $1.7 billion, concentrating capital into a relatively small number of high\u2011conviction positions rather than spreading bets across hundreds of smaller seed deals.<\/a><\/p>\n That strategy fits with a broader venture shift toward fewer, larger rounds in companies seen as core infrastructure for AI and space, even as overall VC volumes in crypto and tech have cooled.<\/a><\/p>\n 137 Ventures\u2019 biggest swing remains its position in\u00a0SpaceX<\/a>, where it has invested across roughly two dozen rounds since 2010.<\/a><\/p>\n Firm founder Justin Fishner\u2011Wolfson told\u00a0Bloomberg<\/a>\u00a0that \u201cat this point we own well over I think $10 billion dollars\u201d of SpaceX shares, adding that the stake represents \u201cmore than 1%\u201d of the company.<\/p>\n <\/p>\n That exposure could become one of the biggest single\u2011position wins in modern venture history if SpaceX proceeds with a long\u2011discussed IPO at a valuation north of $1 trillion, as some bankers and secondary\u2011market indications suggest.<\/p>\n Beyond SpaceX, 137 Ventures has backed names like Anduril, Gusto, and Ramp, reflecting a thesis that AI\u2011enabled defense, fintech, and enterprise infrastructure will generate outsized returns as automation and autonomy reshape both digital and physical industries.<\/a><\/p>\n For founders building AI agents, robotics platforms, or space\u2011adjacent businesses, the new funds mean 137 Ventures will be an even more active late\u2011stage counterparty\u2014especially for teams looking for investors comfortable underwriting capital\u2011intensive, long\u2011duration bets.<\/p>\n <\/p><\/div>\n","protected":false},"excerpt":{"rendered":" 137 Ventures has raised over $700m across two new funds, lifting AUM above $15b as it doubles down on AI agents, robotics, advanced industry and a $10b\u2011plus SpaceX stake. Summary…<\/p>\n","protected":false},"author":1,"featured_media":22161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27336"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27336\/revisions"}],"predecessor-version":[{"id":27337,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27336\/revisions\/27337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/22161"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}New funds push 137 Ventures past $15b AUM<\/h2>\n
Betting on AI agents, robotics, and propulsion<\/h2>\n
A $10b\u2011plus SpaceX stake ahead of a trillion\u2011dollar IPO<\/h2>\n