Image of Jeffery Green, founder and president of JA Green, courtesy of LinkedIn.
US lobbying group JA Green is raising $100m for a corporate venture capital fund, having partnered with investment firm Anzu Partners, Bloomberg reported yesterday.
Founded in 2007 and based in Washington DC, JA Green focuses on advocacy and strategic planning for areas such as defence, national security and cybersecurity.
Dubbed Anzu-Green Critical Technologies Fund, the new initiative prefers revenue-generating startups working in areas encompassing artificial intelligence, quantum science and renewable energy.
Anzu managing partners David Seldin and Whitney Haring-Smith will help vet investment opportunities, joining JA Green founder Jeff Green (pictured) as co-managing partners of the new fund.
Green said he intends to help portfolio companies identify grants and non-dilutive funding opportunities, in addition to potential government contracts.
Other CVC groups focusing on defence technology include Allison Ventures, RTX Ventures and SRI Ventures.
