AAA Joaug jumps upwards at Aster

Joaug jumps upwards at Aster

Jérome Joaug has been promoted to partner at Aster Capital, a venture capital firm managing €520m ($550m) through multiple funds raised with major corporations and institutional players.

Joaug joined Aster in its UK office as a principal in March 2018, and his early deals included PacketAI, Hadean and Wluper. He had previously been a serial entrepreneur, co-founding Cambridge Nanosystems out of his research at the University of Cambridge, and Nymbly, a low-power internet-of-things platform.

Aster Capital was formed by Schneider Electric and Alstom in 2010, and received funding from another corporate, Solvay, in 2011 before restructuring in May this year, converting to a model that involved it being owned by its management team.

Photo of Jérome Joaug courtesy of Aster Capital.

By James Mawson

James Mawson is founder and chief executive of Global Venturing.

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