Franklin Pierce
Well-Known Member
- Joined
- May 4, 2014
- Messages
- 27,537
- Likes
- 31,757
Commerce Secretary’s Husband Is Top Executive at Tech Firm Funded by Chinese Government
Gina Raimondo has major financial stake in AI firm funded by Chinese venture capital firm
A venture capital firm backed by the Chinese government is a major investor in an artificial intelligence company that counts Commerce Secretary Gina Raimondo's husband as a top executive, a potential conflict of interest as her agency works to counter China on the world stage.
Danhua Capital, based in California but established with the financial backing of the Chinese Communist Party, is one of the main funders of PathAI, an artificial intelligence firm that employs Raimondo's husband, Andy Moffit, as its chief people officer. Danhua Capital has been invested in PathAI since at least 2017, when it joined five other funders to contribute $11 million worth of seed funding for the artificial intelligence startup. It is unclear how much Danhua Capital has invested in PathAI, a private company, but the Chinese firm lists PathAI on its website as one of its featured "biotech and health" investments.
Commerce Secretary's Husband Is Top Executive at Tech Firm Funded by Chinese Government - Washington Free Beacon
Gina Raimondo has major financial stake in AI firm funded by Chinese venture capital firm

A venture capital firm backed by the Chinese government is a major investor in an artificial intelligence company that counts Commerce Secretary Gina Raimondo's husband as a top executive, a potential conflict of interest as her agency works to counter China on the world stage.
Danhua Capital, based in California but established with the financial backing of the Chinese Communist Party, is one of the main funders of PathAI, an artificial intelligence firm that employs Raimondo's husband, Andy Moffit, as its chief people officer. Danhua Capital has been invested in PathAI since at least 2017, when it joined five other funders to contribute $11 million worth of seed funding for the artificial intelligence startup. It is unclear how much Danhua Capital has invested in PathAI, a private company, but the Chinese firm lists PathAI on its website as one of its featured "biotech and health" investments.
Commerce Secretary's Husband Is Top Executive at Tech Firm Funded by Chinese Government - Washington Free Beacon