JPMorgan Targets Young Startups With New Tech Disruptors Unit

JPMorgan Chase & Co. is starting a new unit focused on building relationships with early-stage startups, in a bid to gain a foothold with technology firms before they come to the attention of other banks.

The team -- called Tech Disruptors -- will focus on startups that have held funding rounds of about 30 million euros ($36 million) or more, although smaller start-ups could also be potentially included in the bank’s client portfolio, Tomi Pierucci, the entrepreneur hired by the lender to build the offering, said in an interview.

“We’ve seen immense growth and wealth-generation over the past 20 years ...