137 Ventures has raised over $700 million in two new funds, aiming to explore investments in areas such as AI agents.

CoinFeed reported on May 1st that, according to TechfundingNews, 137 Ventures, an early investor in SpaceX, announced the completion of fundraising for two new funds totaling over $700 million, increasing its assets under management (AUM) to over $15 billion. The new funds will support its investment opportunities in areas such as AI agents, robotics, and aerospace propulsion. It is understood that 137 Ventures currently holds more than 1% of SpaceX's shares. With SpaceX expected to seek an IPO this year, potentially exceeding $1 trillion in valuation, 137 Ventures' stake could be worth over $10 billion.