The US Department of Commerce has hired Josiane Ishimwe, formerly an investment manager at US chipmaker Intel’s corporate venture capital arm, Intel Capital.
Ishimwe has taken up an investment principal role at the department’s Chips Investment Office. The initiative was launched in February last year to back US-based semiconductor materials and manufacturing equipment producers.
“I’m excited to share that I’m starting a new position [to work] on a bipartisan programme to boost national and economic security by bringing semiconductor manufacturing back to the United States,” she said in a LinkedIn post.
Ishimwe worked at venture capital firm RTP Global for two years, which followed more than three years at Intel Capital from 2018. At the corporate venturing unit, she invested in companies such as data security platform Immuta‚ code analytics automation tool provider Moderne and Tetrate, which has built app networking and security software.
Some of her investments also resulted in exits for Intel. Analytics technology developer Nyansa was acquired by cloud computing firm VMWare and text analysis tool producer Text IQ became a part of legal document management company Relativity.
