welcome
TechCrunch

TechCrunch

Technology

Technology

Exclusive: SpaceX alums are raising a hefty $550M for their first deep tech fund

TechCrunch
Summary
Nutrition label

85% Informative

El Segundo -based Interlagos is looking to raise $550 million for its first venture fund.

The venture capital firm is broadly targeting startups across “deep tech” sectors.

The firm will provide capital from inception through Series B, with the targeted $ 550 M to be deployed across 26 -32 investments.

The fund's terms look industry standard as well: 2% management fees, 20-25% carry meaning how much the fund will keep of its returns.

VR Score

88

Informative language

89

Neutral language

64

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links