JP Morgan Asset Management

  • FreshDirect raises $189 million for grocery delivery

    FreshDirect raises $189 million for grocery delivery

    FreshDirect, a popular online grocery service on the East Coast, is arming itself with $189 million in additional funding. The round was led by J.P. Morgan Asset Management, with W Capital and AARP Innovation Fund investing as well. The new capital will be used to help FreshDirect build up its “manufacturing capacity” and “open up some new geographies,” according… Read More

  • Jawbone Raises $70M From JP Morgan

    Jawbone Raises $70M From JP Morgan

    My, what big eyes you have Jawbone! It hasn’t even been four months since the consumer electronics company closed its $49 million in funding from Andreessen Horowitz and already it’s making funding news again. Jawbone has raised another round of growth funding, this time it’s $70 million from a group of unnamed investors advised by JP Morgan Asset Management. This brings… Read More