Booz Allen Hamilton has invested in 17 startups since the launch of its venture capital fund in 2022, which initially had $100 million to work with and is now tripled in size to $300 million. Matt Calderone and Brian MacCarthy, respectively chief financial officer for Booz Allen and its VC organization leader, join for this episode to explain why the firm expanded the fund and all that happens after the investment. As they tell our Ross Wilkers, technologists at both Booz Allen and the startups it invests in collaborate closely to develop the solutions for usage by federal agencies at scale. Calderone and MacCarthy also highlight how reindustrialization is a new area for Booz Allen Ventures, in conjunction with the core tech priorities that have defined the fund over three years. Booz Allen gives big boost to its venture arm Booz Allen formally stands up ventures arm PROJECT 38: Booz Allen signaling intent with $100M ventures fund
