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Former senior SpaceX executive Tom Ochinero is teaming up with SpaceX alum - turned - VC Achal Upadhyaya and one of Sequoia ’s top finance leaders , Spencer Hemphill , on a new speculation call Interlagos Capital , TechCrunch has learned .
There is fiddling public entropy available about Interlagos , and the trio did not respond to TechCrunch ’s request for scuttlebutt . The companionship was officially incorporate in the state of Delaware on March 7 , and it was register as an out - of - state company with California only days ago , on April 11 . Ochinero , Upadhyaya and Hemphill are all listed on the documents . The main address is in El Segundo , California .
A hallmark program for “ Interlagos ” was lodge with the U.S. Patent and Trademark Office on April 4 . That applications programme list an computer address selfsame to the one found on the companionship ’s business registration . The program state that the company will deal in “ venture working capital services ; venture majuscule funding services , namely , providing funding to emerging and start - up companies . ”
Ochinero take off from SpaceX in February after a nearly 10 - class stint at the caller , where he eventually became older vice president of commercial business . In that role , he helped SpaceX produce into the undisputed global lead in commercial launching . multitude conversant with the mattertold CNBC at the timethat Ochinero was resigning “ to attend to a kinsfolk aesculapian matter . ”
With Interlagos , he is teaming up with another SpaceX alum — Upadhyaya — who spend a decade in engineering roles at SpaceX before joining the investment business firm Cantos as a venture married person in 2022 . He exit sometime this yr , accord to his LinkedIn . At Cantos , Upadhyaya ’s wager include satellite bus manufacturer Apex Space and motion restraint system developer Salient Motion , both startup head up by x - SpaceX founders .
Spencer Hemphill , a finance executive , is rounding out the squad . He ’s come from Sequoia , where he also spend 10 age . He quit sometime this year , leaving the firm as adjunct controller .
Ochinero is just the latest SpaceX executive to move from the behemoth place company into speculation investing . the great unwashed leaving SpaceX to found other companies or invest in them is popular enough that there’sa internet site commit to connecting the two groups . Other renowned investors in the SpaceX - to - VC pipeline let in Founders Fund ’s Scott Nolan , who was a very early SpaceX employee , and Alpine Space Ventures ’ Bulent Altan .
