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Lux Ventures has closed its largest fund to date, Lux Ventures IX, totaling $1.5 billion. The venture capital firm, which specializes in investments at the intersection of science and technology, aims to support founders in sectors such as aerospace, biotech, and defense, emphasizing a long-term approach to company building. With a team of 44 managing $7 billion in assets, Lux focuses on backing overlooked founders and fostering scalable advancements in deep tech.