Its first investment is space logistics startup Impulse Space.
Exclusive: Two former members of Elon Musk’s Department of Government Efficiency have raised $225 million for their debut venture fund, Banner VC.
More details: https://thein.fo/4enwCAe
Users reacted negatively to ex-DOGE employees raising $225 million for Banner VC, sarcastically implying hypocrisy in their ability to secure funds when needed.
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Scoop: Two ex-DOGE employees raised $225 million for their debut venture fund Banner VC, the latest project to come out of Elon Musk's erstwhile cost-cutting operation.
Banner raised an additional $75 million to co-lead a recent round into Impulse Space:
https://www.theinformation.com/articles/ex-doge-employees-raise-225-million-venture-fund-banner-vc
@theinformation
@leomschwartz Hey so they can indeed find some $$ when they really need to
