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Pentagon Details New Digital Marketplace To Connect Innovative Companies, Trusted Investors

Matthew Beinart By
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Pentagon Details New Digital Marketplace To Connect Innovative Companies, Trusted Investors
Pentagon Acquisition Chief Ellen Lord (DoD Photo)

Pentagon officials on Wednesday detailed the new virtual “Trusted Capital Marketplace,” (TCM) which aims to bolster opportunities for U.S. venture capital (VC) firms to invest in emerging defense technologies and root out foreign investors from adversarial nations. The new digital market platform, which officially launched in December, already has 128 companies onboard and around 30 vetted capital providers, officials told reporters. “We are really hoping to diversify our Defense Industrial Base to bring on a lot of non-traditional companies to…

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