Intel Capital, the corporate venturing subsidiary of US-listed chip maker Intel, has hired Chiara Sommer (pictured) as an investment director.
Sommer comes from High-Tech Gründerfonds (HTGF), the German state-mandated venture capital firm that counts dozens domestic corporates as limited partners, where she had been a senior investment director.
During her four-year stint at HTGF, Sommer’s deals included furniture designer 99chairs, female fitness app developer Asana Rebel, blockchain banking technology developer Bitwala, behavioural targeting service Semasio and art e-commerce platform Junique.
Before joining HTGF at the start of 2014, Sommer was founder and CEO of expertise network service Pickagenius.
Sommer will join fellow investment director Abdul Guefor in Intel Capital’s European team, and will be based in Germany. Her hiring follows the departures of Marcos Battisti to C5 Capital, Marcin Hejka to OTB Ventures and Erik Jorgensen to Macquarie Capital over the past two years.
Karen Stafford also joined Intel Capital to cover Northern and Eastern Europe for the unit earlier this year.