Venture Capital
Home Depot Inc. announced the launch of a $150 million venture capital fund aimed at early- and growth-stage tech companies focused on customer service and the home improvement category. Home Depot Ventures joins a growing number of VC funds created in the consumer space, including a $50 million Chipotle Mexican Grill Inc. fund and a $1 billion Amazon.com Inc. VC fund, both announced last month. Home Depot stock has tumbled 26% for the year to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

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