Swati Dasgupta has left Next47, a subsidiary of industrial conglomerate Siemens, for a director position at National Grid Ventures, the strategic investment arm of UK-based grid operator National Grid Group.
National Grid Ventures oversees investments in technology startups, energy projects and partnerships on behalf of its parent. The unit is run by Lisa Lambert, who worked in venture capital activities for chipmaker Intel for 17 years.
Prior to joining corporate venturing vehicle Next47 as a director in 2017, Dasgupta had been a director of external innovation at Siemens’ technology-to-business unit, TTB, from 2013.
Dasgupta had previously spent nearly a decade as a partner at IBM Venture Capital Group, a corporate venture capital subsidiary of computing technology producer IBM.
Next47, which was set by Siemens in 2016 with $1.1bn of capital, has experienced a number of personnel changes in 2018, including the departure of partner Susana Quintana-Plaza last month.
– Photo of Swati Dasgupta courtesy of LinkedIn.
