SpaceX Veterans Launch $550M Tech Fund

Interlagos, founded by former senior SpaceX leaders, is aiming to raise a massive $550 million for their first deep tech venture fund. Here's a breakdown of their ambitious plan.

• Founding Team: Interlagos is led by SpaceX veterans Achal Upadhyaya, Tom Ochinero, and Spencer Hemphill, all with extensive industry experience.

• Fund Size & Focus: The fund aims to raise $550 million, targeting cutting-edge sectors like space, robotics, biotech, AI, and more.

• Investment Strategy: Interlagos will provide capital from early-stage to Series B, focusing on long-term partnerships with startups.

• Equity Stakes: The firm plans to secure 18-25% ownership in each company it invests in, ensuring strong influence and returns.

• Partner Commitment: The general partners are personally investing 2% of their own money, aligning their interests with those of the fund.

• Track Record: Achal Upadhyaya has led successful investments in several deep tech startups, including Neros Technologies and SoloPulse.

Interlagos is set to become a key player in deep tech, with strong leadership and a bold $550M goal.