Amish Parashar left Yamaha Motor Ventures & Laboratory Silicon Valley (YMVSV), Japan-headquartered electronics and automotive manufacturer Yamaha’s corporate venturing unit, to join venture capital service provider U First Capital earlier this month.
Parashar will assume an adviser role at U First, a corporate-focused VC service firm co-founded in November 2018 by Sanjit Singh Dang and Ekta Dang, both alumni of Intel Capital, semiconductor and data technology provider Intel’s corporate venturing unit.
U First helps corporate clients identify innovation opportunities through startups and universities. It announced last week it is partnering specialty chemicals and materials supplier DowDuPont’s electronics and imaging segment to source internet-of-things and artificial intelligence deals.
Selected as one of GCV’s 2017 Rising Stars, Parashar was a founding member of YMVSV and a partner at the unit.
During his time at YMVSV, Parashar led investments including a $22m series B round for connected vehicle technology developer Veniam in 2016, a $12m series A round for robotics maker Roam Robotics in October 2018 and a series B for vehicle rental services Drivezy in November 2018.
Photo courtesy of Amish Parashar.
