Dong-Su Kim, chief executive of electronics conglomerate LG’s corporate venturing fund LG Technology Ventures, has hired Anshul Agarwal (pictured) from diversified conglomerate Mitsui.
As a director at LG, Agarwal has a wide brief but is expected to stay focused on mobility, the internet of things and the cloud.
Agarwal was at Mitsui for five years and his deals there included automated vehicle company Peloton Tech, mobility software developer Ridecell, electric cars manufacturer Lucid Motors and automotive and energy storage company Proterra.
He celebrated several exits, including software developer Axeda, was acquired by software company PTC, and cloud storage provider Box and electronic signatures technology developer DocuSign, both of which have gone public.
One of LG Tech Ventures’ first deals this month has been Ridecell, which Agarwal backed in February.
Kim had joined LG from peer Samsung in May this year to set up Tech Ventures. His other hires as investment directors include Michael Falcon from Bandgap, Taejoon Park from Applied Ventures, the corporate venturing arm of semiconductor manufacturer Applied Materials, and Robert McIntyre from Artemis Advisors, while Troy Chun moved over as senior director from LG Chem in August.
– Image courtesy of LinkedIn
