The Koch family name often invokes the sprawling Wichita, Kan.-based manufacturing conglomerate, Koch, Inc., which pulls in more than $110 billion in annual revenue and helps fund the family’s philanthropic and political endeavors.
But a lesser-known venture firm called Koch Disruptive Technologies — helmed by Chase Koch, the son of multi-billionaire Koch, Inc. CEO Charles Koch — aims to make waves in the venture space and set a path forward for Koch, Inc. with notable investments in sectors like tech and healthcare.
In a newly released interview, Chase Koch described Koch Disruptive Technologies as a “win-win” for company founders, which receive the resources and expertise made possible by the venture firm’s vicinity to Koch, Inc.; and for the manufacturing giant, which can use the firm as laboratory for transforming its holdings….