Interlagos is a venture capital firm founded in 2024 by former senior SpaceX leaders Achal Upadhyaya and Tom Ochinero. Based in El Segundo, California, the firm focuses on deep tech investments in applied science, manufacturing, robotics, defense, and space. Interlagos is targeting $550 million for its first fund, investing from inception through Series B.
36% of their portfolio is in Defense & Space. Deal activity increased 125% year-over-year (9 deals in the last 12 months). Average disclosed round size is $118.2M (across 24 rounds with reported amounts).
Portfolio
15
Fund Size
$550M
Top Stage
Series B
Last 12 Mo
9
Team
TO
Tom Ochinero
Chairman & Founding Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Castelion | Series C | $1B | Aug 2026 |
| NNeros, Inc. | Series B | $75M | Aug 2026 |
| NNeros, Inc. | Series C | $250M | Aug 2026 |
 Beyond Reach Labs | Seed | $10M | Jul 2026 |
 Senra Systems | Series B | $65M | Jul 2026 |
| SSenra | Series B | $65M | Jul 2026 |
| HHeaviside Industries | Series A | $28M | May 2026 |
| SSenra | Series B | $65M | Jan 2026 |
| NNeros, Inc. | Series B | $250M | Jan 2026 |
 Aetherflux | Series A | $50M | Jan 2026 |
| Senra Systems | Series B | $65M | Jan 2026 |
 Heaviside | Series B | $60M | Jan 2026 |
 Adaptyx Biosciences | Seed | $14M | Oct 2025 |
| AAdaptyx | Seed | $14M | Oct 2025 |
 Apex | Series D | $200M | Sep 2025 |
| Castelion | Series B | $350M | Jul 2025 |
| Aetherflux | Series C | $50M | Apr 2025 |
| Castelion | Series A | $70M | Jan 2025 |
| Aetherflux | Series A | $50M | Jan 2025 |
| VVital Lyfe | Seed | $24M | — |
| Heaviside | Series A | $28M | — |
| NNeros, Inc. | Series C | — | — |
 Shinkei | Series A | $22M | — |
 Shinkei Systems | Series A | $22M | — |
 Reach Labs | Seed | $10M | — |
Top Co-Investors
Andreessen Horowitz10 shared
Cantos8 shared
General Catalyst8 shared
Sequoia Capital8 shared
Founders Fund6 shared
CIV4 shared
Lowercarbon Capital4 shared
Stanford's StartX Fund4 shared
Shrug Capital4 shared
New Enterprise Associates3 shared
Index Ventures3 shared
Breakthrough Energy Ventures3 shared
Lavrock Ventures3 shared
Lightspeed Venture Partners3 shared
Thiel Capital3 shared
Valor Equity Partners3 shared
Allen & Company LLC3 shared
Spark Capital3 shared
Anorak Ventures3 shared
Menlo Ventures3 shared
Last updated: 20 October 2026