Anand Trivedi is reportedly moving to GE Equity in India from Japan’s Shinsei Bank.
Category: People
Intel’s Thomas moves to Latin America
David Thomas, an Intel Capital veteran, has moved back to a Latin American role he left 18 months ago.
Novartis maps Atlas’ future
Novartis Venture Funds, the corporate venturing unit of Switzerland-based pharmaceutical conglomerate Novartis, has led UK-based medical diagnostics company Atlas Genetics’ £16.9m ($27.6m) series B round. The money will be drawn down over a three year period and was co-led by UK-based medical devices company Consort Medical. Other corporate venturing units taking part were Johnson &… Continue reading Novartis maps Atlas’ future
Scott Levine joins Time Warner
Levine previously worked at MyYearbook.com, Sony Music, and General Atlantic.
Chesapeake $1bn fund to create one million jobs
The chief executive of Chesapeake Energy details his company’s plan to invest more than $1bn in corporate venturing projects designed to stimulate the demand for natural gas.
OpenX hires Vincent Pelillo
Pelillo was previously at phone operator Orange-France Telecom Group, latterly as head of networks and advertising exchange, and internet services provider AOL.
Freeman steps over to McCann
Freeman had been CEO of Mediabrands Ventures since January last year and will now be global head of innovation for McCann Worldgroup. Jimmy Poon, chief executive of Mediabrands also now leads its Ventures unit.
Omnicom promotes Haber
VC@OMD helps its parent manage soft drinks maker PepsiCo’s Pepsi 10 and industrial conglomerate General Electric’s GE/OMD Innovation Incubator programmes and Jonathan Haber has stepped up to be chief innovation officer.
Telstra to set up Ventures Group
Deena Shiff will become head of Telstra Applications & Ventures Group on August 1 when she leaves her role as group managing director of Telstra Business after five years.
Huang leaves UMC for DCM
Huang had been at UMC Capital for seven years and said on his LinkedIn page that he had invested in 14 companies in the Greater China technology, media and telecoms sector,
Google steps up venture spend to $200m
Google Ventures is reportedly being given more support by its parent company, through staff as well as firepower, as one of it portfolio companies gears up for a float.
Schmitt sets up JoltTech
Schmitt worked at Sofinnova for nearly a decade and was promoted to the top rank in 2005 but late last month said on his LinkedIn page he had set up JoltTech Capital as a private equity investment firm targeting technology companies in Europe.
Borgstädt heads BDMI in Europe
Germany-based media group Bertelsmann has promoted Jan Borgstädt (pictured) to head of Europe for its local corporate venturing unit. The Bertelsmann Digital Media Investments (BDMI) unit has also committed to its third seed-stage investment fund managed by third parties and been expanding its separate Asian corporate venturing operation. On his LinkedIn page, Borgstädt said he… Continue reading Borgstädt heads BDMI in Europe
Elefant joins Intel Capital’s herd
Intel Capital has hired one of the founding partners of US venture capital firm Opus Capital.