Wed April, 2021, Age: 3 years
A new Pentagon initiative has approved more than $311 million in potential partnerships between U.S. venture capital firms and small tech firms since January in an effort to keep Chinese money (and influence) out of U.S. defense industry supply chains. The presence of Chinese investment in the US defense supply chain increased by a staggering 420% between 2010 and 2019, according to one analysis by the decision science firm Govini.
