Interlagos, a venture capital firm founded by former SpaceX leaders, aims to raise $550 million for its inaugural fund focused on deep tech startups. The firm plans to invest in 26-32 companies, providing capital from inception to Series B stages. Founders Achal Upadhyaya and Tom Ochinero, both with extensive SpaceX experience, emphasize their commitment with a personal investment pledge. The fund targets sectors like AI, robotics, and biotech, amid a challenging VC landscape. If successful, Interlagos will compete with major players like Founders Fund and Andreessen Horowitz.