Technology10/3/2025β€’TechCrunch

New deep tech fund Wave Function Ventures raises $15 million

New deep tech fund Wave Function Ventures raises $15 million

Wave Function Ventures, a new deep tech fund, has raised $15 million to invest in innovative startups. The fund was founded by Jamie Gull, a former engineer at SpaceX, who has already made nine investments. The fund focuses on early-stage deep tech companies working on cutting-edge technologies such as quantum computing, artificial intelligence, and space exploration. Gull believes that these technologies have the potential to solve global challenges and create significant economic impact. With the raised capital, Wave Function Ventures plans to continue supporting promising startups in the deep tech space, providing them with not only financial resources but also valuable industry expertise and guidance. The fund's goal is to identify and nurture the most innovative and disruptive technologies that can reshape the future. The successful fundraising for Wave Function Ventures highlights the growing interest and investment in the deep tech sector, as investors recognize the potential for transformative innovations to emerge from this field.

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