Venture firm Lux Capital announced Thursday the company raised $350 million more to invest in early-stage futuristic science and tech companies, bringing their total capital to $700 million.
“This is the most thrilling period of scientific and technological experimentation and advancement in the history of mankind,” Lux Capital managing partner and co-founder Josh Wolfe says.
“We believe the next generation of industrialist titans will be scientists, technologists and inventors who are doing more than challenging the status quo—they’re literally challenging the laws of physics.”
Currently, Lux’s portfolio includes 3D printing marketplace Shapeways, SOLS, a company that makes perfectly fitting 3D-printed orthotics, and Kurion, a startup that combines robots and chemical engineering to get rid of nuclear waste.
In February, Lux Capital led SOLS’ $11.1 million Series B round. It remains to be seen how the venture capital firm chooses to use the $350 million it just raised its fourth round of funding.