AAA GV’s Shakir shakes hands with Lux

GV’s Shakir shakes hands with Lux

Deena Shakir, formerly a partner at GV, a corporate venture capital subsidiary of internet and technology conglomerate Alphabet, has joined VC firm Lux Capital in a similar role.

Internet technology producer Google, which now operates as part of Alphabet, hired Shakir in 2012 and tasked her with business development and global product partnership duties.

Shakir managed civic innovation investments for Google, having also overseen social impact initiatives through its philanthropic arm, Google.org, and its Google Ideas think tank, which would later become a technology incubator called Jigsaw.

Alphabet named her a partner at GV in 2017 and she conducted strategic deals in early-stage businesses developing technologies surrounding healthcare, research and machine intelligence, helping drive business development and growth for portfolio companies.

The Lux Capital position will involve Shakir concentrating on developers of healthcare, smart home and access control technologies. The firm has co-invested with GV on multiple occasions, including Desktop Metal in January this year, Ctrl-Labs in February and Cala Health in May.

Shakir wrote in a LinkedIn post: “After seven incredible years at Google, including the last several at GV, I am thrilled to embark on a new chapter today.

“I could not be more excited to announce that I am joining Lux Capital…an inimitable group of intellectually curious, thesis-driven, ambitious, rebellious investors united by an intangible sense of hustle-meets-humility, and I am tremendously excited about what the future holds.”

The move follows the recent departure of another partner at GV, Shaun Maguire.

Photo of Deena Shakir courtesy of LinkedIn.

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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