Updated: July 12, 2026
Banner VC Fund I logo
Venture Capital Firm
Defense
Space

Banner VC Fund I

USA

Funding raised

$225M

About the program

Investment stage
Investment focus areas
Description

Debut fund from ex-DOGE staffers Brooks Morgan and Adam Ramada. Co-led Impulse Space's $500M Series D alongside 137 Ventures, Founders Fund and Lux Capital. Focused on aerospace, defense, space infrastructure and dual-use hardware. Government proximity as a sourcing and diligence advantage.

Location

Numbers

Total Funding Raised by Alumni
$225M