We must ensure that US adversaries do not directly profit from our success, and publicly signing the Clean Capital Certification is a way to commit to that duty as a community, said Craig Cummings, partner at Moonshots Capital.
The pledge declares that new technologies, in the wrong hands, can cast a shadow of authoritarianism, misinformation, and division, highlighting the risks associated with foreign investment in critical sectors.
If a firm has Chinese investors, then it's possible that those investors - and then the Chinese government - could receive proprietary information about portfolio companies, raising serious security concerns.
Future Union's executive director Andrew King noted that fear of Chinese interference in US technologies has been a topic of concern, stating the influence of foreign money.
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