Why the Air Force has its own venture capital fund
AFVentures matches technology startups with military needs while helping them navigate the “valley of death” and the labyrinthine world of defense contracts.
The Defense Department is trying to renew its once robust relationship with Silicon Valley to find the technologies needed to confront 21st-century threats. The Air Force is taking the novel approach of establishing a venture capital firm within its ranks that locates, invests in, and opens doors for promising defense startups.
