Summary:
J2 Ventures, a Boston-based venture capital firm, has raised $150 million for its second investment fund, focused on national security technologies.
The firm, founded by combat veteran Alexander Harstrick and PhD chemist Jonathan Bronson, invests in startups developing technologies with both military and civilian applications.
J2's unique approach involves close collaboration with government agencies, helping startups secure grants and public funding.
The firm's advisors include retired Navy vice admiral Raquel Bono, highlighting J2's commitment to providing advanced technologies to the military.
J2's second fund is more than double the size of its first, despite a challenging VC funding environment, with investors including JP Morgan, the State of New Mexico Investment Council, and MetLife.
J2 Ventures Raises $150 Million for National Security Startups
J2 Ventures, a Boston venture capital firm focused on national security technologies, has secured $150 million for its second investment fund. Founded by combat veteran Alexander Harstrick and Jonathan Bronson, a PhD chemist with Wall Street experience, J2 backs startups developing technologies with both military and civilian applications.
Key Investments:
- MesaQuantum (New Mexico): Developing GPS alternatives for military and civilian use.
- Femtosense (California): Enhancing smart devices with artificial intelligence.
J2's approach is unique in the VC industry. Harstrick and Bronson actively engage with government agencies, helping their portfolio companies secure grants and public funding. Their aim is to foster innovation that preserves freedom and deters conflict.
The firm's advisors include retired Navy vice admiral Raquel Bono, who emphasizes J2's commitment to providing cutting-edge technologies to the military. Despite the challenging VC funding environment, J2's second fund is more than double the size of its initial fund. Investors include JP Morgan, State of New Mexico Investment Council, and MetLife.
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