1517 Fund is a venture capital firm founded in 2015 by Danielle Strachman and Michael Gibson, cofounders of the Thiel Fellowship. It makes early-stage investments and micro-grants to college dropouts, renegade students, and deep-tech or sci-fi scientists building in software, hardware, quantum computing, aerospace, and related fields. The firm has committed over $175 million across four funds and reports a portfolio market cap exceeding $10 billion. Notable portfolio companies include Luminar Technologies, Lambda Labs, Atom Computing, Xona Space Systems, and Zeno Power. Key team members include Zak Slayback. The firm is headquartered in San Francisco.