JPMorgan Chase Invests $5 Billion in U.S. Security, Supply-Chain Startups
JH Kim
Summary
- JPMorgan Chase said it invested $5 billion in startups in the defense, manufacturing, and supply chain sectors during the first year of its initiative to strengthen U.S. national security and industrial resilience.
- JPMorgan Chase said it deployed a total of $5 billion into startups in those sectors during the first year of the launch of its U.S. national security and resilience initiative.
- The bank said the investment is part of an initiative aimed at strengthening U.S. national security and industrial resilience.
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JPMorgan Chase invested $5 billion in startups focused on defense, manufacturing and supply chains in the first year of an initiative aimed at strengthening U.S. security and industrial resilience.
Cointelegraph reported on Oct. 19 that the bank deployed a total of $5 billion into startups in those sectors during the first year of its U.S. security and resilience initiative.
The investments included startups operating in defense technology, manufacturing and supply-chain businesses.
The investment is part of an initiative aimed at bolstering U.S. security and industrial resilience.
JH Kim
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