137 Ventures raises 700 million to back growth startups including SpaceX and Anduril

The firm says two new funds are already lined up

VC firm 137 Ventures has raised over $700 million to invest in growth-stage startups. The fund comes as the company expands its bet beyond early winners, with a portfolio that includes SpaceX, Anduril, and Hadrian. The raise positions 137 Ventures to deploy capital across multiple rounds as it grows its new and existing fund strategies.