JP Morgan is investing in J2 Ventures, the first veteran-led venture capital firm supported by the bank’s initiative to close a funding gap for managers in underrepresented communities.
J2 Ventures specializes in early-stage funding of companies with dual-use technology in artificial intelligence and machine learning, health care, and materials science. The technology is designed for use both by government agencies and the commercial sector, and JP Morgan’s interest in the firm is tied to its ability to sell to both.
“If you agree that every venture capitalist wants to find the next great thing, then working with government is actually ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.