Lux Capital lands $1.5 billion for its largest fund ever
Lux Capital, a 25-year-old VC firm known for its investments in frontier science and defense technology, has closed its ninth fund worth $1.5 billion, the largest in the firm’s history. Despite the number of new VC funds raised in US venture fundraising in 2025 hitting a 10-year low, according to PitchBook, it’s not hard to…