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SpaceX alums are working to raise a hefty $550M first deep tech fund


Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to

Ochinero, who reported directly to SpaceX President Gwynne Shotwell, was “personally responsible for over a billion dollars of annual revenue” at the company, according to a bio published in 2023. Deep tech companies require more upfront capital and tend to have longer exit timelines, which has led to an increase in specialist funds, often composed of technical partners. It will also likely set the firm up to successfully compete against mega-funds like Founders Fund and Andreessen Horowitz, which have aggressively moved into the earliest stages in deep tech VC deals.

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