Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

Booz Allen Hamilton, the Virginia-based, defense-focused IT consulting firm, today announced the launch of a corporate venture capital arm, Booz Allen Ventures, that will initially put $100 million toward “strategic” defensive and offensive technologies. The move signals Booz Allen’s desire to shape startups in areas it considers aligned with its core business, mainly AI and machine learning, defense, and cybersecurity.
Brian MacCarthy, Booz Allen’s VP of ventures, said that the new fund will invest primarily in early-stage (seed, Series A, and Series B) companies and b

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