J2 Ventures, focused on military healthcare, grabs $150M for its second fund

Quick Summary:

J2 Ventures, a firm led mostly by the U.S.military veterans, announced on Thursday that it has raised a $150 million second fund.

The firm also backs cybersecurity, infrastructure, and advanced computing startups like Femtosense, a developer of energy-efficient AI chips for smart devices.

At first blush, the firm may seem to be benefiting from VCs’ growing interest in defense tech.

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets: United StatesAfghanistanIndiaIraqMexico

Topics: Venture

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 11:00:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 954 words

Reading Time: 6 minutes read

Sentences: 46 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21481022

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