For the firm that calls itself “the first check in deep tech,” the last check for SOSV’s latest $306 million fund took a bit longer than founder Sean O’Sullivan would have liked.
“We’re concentrating and double doubling down on deep tech,” O’Sullivan said.
We’re doing a fewer number of companies, more like 80 deep tech companies per year.
O’Sullivan said that SOSV intends to invest about 70% of the funds in climate tech companies, 25% in health tech, and the remaining 5% will be reserved for opportunistic investments.
“We have a special place to serve because we do deep tech, because we do get into the biology, we do get into the chemistry, the physics and the electronics.
“When we think about our nation’s IP and leadership globally, it’s synonymous with leadership in space,” Stricklan told me in an interview before the occasion.
To that end Space Workforce 2030 has started with the basics: collecting and understanding the data in order to establish a baseline.
Stricklan told me that thousands of teachers have signed on and they expect to see a lot of engagement next month.
They have different touchpoints to get to those that just don’t understand there could be a future for them in a STEM-related career.” Stricklan told me.
You can learn more about the Space Workforce 2030 effort here.
TechCrunch Minute: The TikTok ban, or at least the effort to force its sale, is gaining steamAnd some folks are pretty mad about it!
After a House subcommittee passed a bill that would force a sale of TikTok or ban the app from American app stores, debate reignited around the internet regrading whether or not the social service should face such harsh choices.
On the pro-TikTok side former President Donald Trump flipped his views, and Elon Musk has spoken against the possibility.
On the other hand, there’s a surprisingly united Congress, concerns about data safety, and fears that TikTok could be used to influence the American electorate.
This raises the question: Why not just divest the asset so that we can put the issue to bed?
It can be tough to cope with health issues when you’re worried about how you’re going to afford care. However, it’s important to remember that there are plenty of ways…
