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78 Ex-DOGE Employees Raise $225 million for Venture Fund Banner VC

The Information
Leo Schwartz @ The Information 1 place · today 13:50 EDT

Two former members of Elon Musk’s Department of Government Efficiency have raised $225 million for their debut venture fund, Banner VC, according to a person close to the fund and filings with the Securities and Exchange Commission. Banner separately raised nearly $75 million to co-lead a recent round in the orbital infrastructure startup Impulse Space, according to the person and an SEC filing.

Founded by the two former DOGE staffers, Brooks Morgan and Adam Ramada, Banner VC began raising its first fund i

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