IQT
1,2016
-It’s no surprise that the Central Intelligence Agency (CIA) has its fingers in a lot of pots, but most people don’t know that the CIA invests in startups.
-Through In-Q-Tel, a strategic investment group that’s technically independent but remains extremely close with the Agency, the CIA has invested in over 300 startups since setting up shop in 1999.
-By virtue of being at the intersection of two of the least transparent industries around—intelligence and venture capital—there isn’t much publicly available information about the firm or many of its investments. If it feels a little like a stranger-than-fiction combination of VC and 007, you’d be correct. In fact, the firm’s name derives from an abbreviation of the word “intelligence” wrapped around “Q,” the name of James Bond’s gadget guru, according to a profile of the firm published in 2000 by the Wall Street Journal.
-Unlike the world of Bond, though, In-Q-Tel is not fiction, and some of the technologies it invests in would give Q and the staff of MI-6’s gadget lab a run for their money.
https://mattermark.com/q-tel-cias-vc-arm-busy-years/