Peter Bastien has moved from the US branch of trading firm Toyota Tsusho to take up a position as principal at Siemens Venture Capital, industrial product manufacturer Siemens’ corporate venturing unit.
Bastien joined Toyota Tsusho America in 2002 and acted as its general manager of strategy and business development, overseeing external investment, including its corporate venturing deals, and strategic partnerships.
Siemens Venture Capital invests in energy, industrial and healthcare technology companies. It launched a $100m Industry of the Future Fund in February 2014 to back startups developing software for use in industrial processes.
Prior to his stint at Toyota Tsusho, Bastien was group leader at industrial software provider PTC for five years before joining venture capital and private equity firm Patriot Venture Partners as an associate.
– Photo courtesy of LinkedIn