New deep tech fund Wave Function Ventures raises $15 million

When Jamie Gull graduated from Stanford University in 2007 with a master’s degree in aeronautics, there was one place he wanted to go next: the desert. The Mojave desert, to be specific. A company called Scaled Composites had spent years developing experimental aircraft out on that arid land, and Gull wanted in. He could have tried to get a more traditional aerospace job, but Gull was worried he’d “work five years on a latch” — a common joke about those bigger, slow-moving companies. But at Scaled Composites? “I knew I would build something, and I would do it quickly, and I would be a college graduate who would own an actual outcome,” he said. Two years later, Gull jumped to SpaceX, where he helped make the Falcon 9 rocket reusable — a major milestone in that…

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