News Summary

Jamie Gull, a former SpaceX Falcon 9 engineer, has launched Wave Function Ventures, a $15.1 million early-stage deep tech fund. The fund aims to make investments in startups across industries such as nuclear energy, humanoid robotics, and aerospace. Gull, who has a background in rapid prototyping and angel investing, plans to leverage his experience to support founders in the early stages of their companies. The emergence of Wave Function Ventures coincides with a rise in deep tech funding, supported by increased interest in fields like aerospace and defense. The fund is set to make about 25 seed or pre-seed investments, with backing from high-net-worth individuals and large family offices.