Steve Taub has joined US-headquartered air carrier JetBlue’s corporate venturing unit, JetBlue Technology Ventures, as managing director of investments.
JetBlue hired Taub after three years as a partner at In-Q-Tel, the venture capital vehicle for the US intelligence community.
The In-Q-Tel stint followed 13 years at industrial and power equipment producer General Electric for Taub, initially as a senior vice-president at its GE Capital division. He helped to launch its GE Ventures unit in 2012 and rose through the ranks to become managing director in 2017.
Founded in 2016, JetBlue Technology Ventures invests in developers of travel, hospitality, and transportation technology and has backed nearly 30 companies including air taxi developer Joby, which listed through a February 2021 reverse merger valuing it at $6.6bn.
Taub will lead the unit’s investment team, sourcing, structuring, negotiating and closing deals, and described sustainable travel and next-generation aviation as two areas in which he is particularly interested. It has been headed by Amy Burr as president since July 2021.
Photo courtesy of JetBlue Technology Ventures.
