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…