Valor Equity Partners

Venture Capital

Growth-stage investment firm focused on founder-led companies, known for early investments in Tesla and SpaceX.

Profile

Headquarters
Chicago, US
Investments
23
Companies
10

Capital

Total Deployed
$42.5B
Lead Rounds
7

Portfolio

10 companies
xAI $42.1B
Acquired San Francisco, US

Artificial intelligence company founded by Elon Musk that builds large language models and the Grok chatbot, with the mission to understand the true nature of the universe.

SpaceX $11.9B
Private Starbase, US

Aerospace manufacturer and space transportation company designing, manufacturing, and launching advanced rockets and spacecraft with the goal of enabling human life on Mars.

Anduril Industries $6.3B
Private Costa Mesa, United States

Anduril Industries is a defense technology company building autonomous systems, AI software, and sensor hardware for military and national security applications. Founded by Oculus VR creator Palmer Luckey and former Palantir employees, the company builds products including autonomous drones, surveillance towers, underwater vehicles, and the Lattice AI platform that integrates sensors and effectors into a unified command-and-control system.

Zipline $1.8B
Private San Francisco, United States

Zipline designs, manufactures, and operates autonomous delivery drones, running the world's largest commercial autonomous logistics network. The company began delivering blood and medical supplies to remote clinics in Rwanda in 2016 and has expanded to seven countries and consumer deliveries with partners like Walmart. Zipline has completed over 2 million commercial drone deliveries.

Bird Rides $1.4B
Closed Santa Monica, US

Electric scooter and micromobility company that pioneered shared dockless electric scooters in cities. Bird deployed fleets of app-unlocked e-scooters and e-bikes across hundreds of cities globally. Became the fastest company in history to reach a $1B valuation. After going public via SPAC in 2021, filed Chapter 11 bankruptcy in December 2023. Assets sold to Third Lane Mobility in April 2024.

Base Power Company $1.3B
Private Austin, Texas, United States

Austin-based energy technology startup that manufactures, installs, owns, and operates residential battery storage systems to provide homes with affordable, reliable backup power. The company operates as both a licensed electricity provider and a virtual power plant, pooling thousands of home batteries into a distributed energy network that strengthens the grid.

Eight Sleep $292M
Private New York, New York, United States

Sleep technology company that develops AI-powered smart mattress covers with embedded sensors for temperature regulation, sleep tracking, and personalized health insights. The Pod mattress cover uses machine learning to optimize sleep quality by adjusting bed temperature throughout the night.

Heron Power $183M
Private Scotts Valley, US

Develops solid-state transformer technology for the modern electrical grid, replacing century-old transformer designs with modular, software-integrated power electronics. The flagship product, Heron Link, enables renewable energy, battery storage, and AI data center developers to connect directly to medium-voltage grids.

Terra Industries $34M
Private Abuja, NG

Africa's first indigenous defense technology prime, designing and manufacturing autonomous surveillance systems including drones and fixed surveillance towers to protect critical national infrastructure. Technology deployed across multiple African countries securing infrastructure assets valued at roughly $11 billion.

Sendwave $14M
Acquired Boston, US

Sendwave is a mobile remittance app enabling instant, low-cost money transfers from the US, UK, Canada, and Europe to countries across East and West Africa and Asia. The company pioneered direct-to-mobile money transfers, allowing users to send money from their smartphone with minimal fees. Founded by Drew Durbin and Lincoln Quirk after meeting as freshman hallmates at Brown University, the company participated in Y Combinator's W12 batch. By 2020, Sendwave was facilitating billions of dollars in annual transfers. Acquired by WorldRemit (now Zepz) in February 2021 for approximately $500 million.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.