Home Depot launches $150 million venture fund


Home Depot Inc. HD, +0.51% announced the launch of a $150 million venture capital fund aimed at early- and growth-stage tech companies focused on customer service and the home improvement category. Home Depot Ventures joins a growing number of VC funds created in the consumer space, including a $50 million Chipotle Mexican Grill Inc. CMG, -1.40% fund and a $1 billion Amazon.com Inc. AMZN, +0.17% VC fund, both announced last month. Home Depot stock has tumbled 26% for the year to date.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleMcConnell blasts leak of Supreme Court’s draft decision on abortion
Next articlePaul Brandus: We don’t know who the Roe v. Wade leaker is. But the organized, focused and well-funded Republicans may have just won again


Please enter your comment!
Please enter your name here