What is worth $11 billion and wants to go to Mars to collect rocks? NASA’s mission to Mars to collect rocks that was expected to cost $11 billion and take ages. So, the U.S. space agency is throwing the doors open to get more input, and that means that startups are looking at an opportunity that is truly out of this world.But that’s not the only thing going on. Today’s Equity episode is focused on all things startups, which means we also got to chat through Two Chairs’ recent and massive Series C, Quilt’s heat pump work and fundraise, and several IPO updates. Here’s hoping that after Ibotta and Rubrik get out the door, more IPOs follow.Also on the show today was a grip of venture capital news. Bay Bridge Ventures is raising a $200 million climate fund — it has lots of good company there, given rising LP interest in climatetech more generally — and a SpaceX alum is building a new VC firm that we covered.To close, the massive, gobsmackingly big $7.2 billion worth of new funds from a16z. We dug into their breakdown on the podcast, but the short version is that it appears that the venture slowdown has not managed to impede the venture firm’s golden touch when it comes to fundraising. Hit play, let’s have some fun!Equity is TechCrunch’s flagship podcast and posts every Monday, Wednesday and Friday. You can subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.You also can follow Equity on X and Threads, at @EquityPod.For the full interview transcript, for those who prefer reading over listening, read on, or check out our full archive of episodes over at Simplecast.
Credits: Equity is hosted by TechCrunch's Alex Wilhelm and Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.