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Former JPMorgan banker launches $157m AUKUS fund

Matthew Cranston
Matthew CranstonUnited States correspondent

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Washington | Venture capital investor DYNE Maritime has launched a $US100 million ($157 million) fund to invest in maritime technologies related to the AUKUS military intelligence-sharing pact.

The fund will focus on investments in dual-use technologies – those with military and civilian applications – including innovations in ocean exploration and monitoring.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/aussie-sets-up-157m-fund-for-aukus-technology-20231025-p5eerq