Christian Noske has been promoted to head of Alliance Ventures, the $1bn corporate venturing unit formed by carmakers Renault, Nissan and Mitsubishi.
The promotion will involve Noske moving back to Europe after a decade in the US. He is now based at Alliance Ventures’ head office in France, having joined the fund in California at the start of 2018.
The move followed a rapid rise from analyst to partner at BMW’s corporate venturing unit, BMW i Ventures, where Noske made the GCV Rising Stars list in 2016 and 2017.
Noske joined to work alongside François Dossa, CEO of Nissan Brazil since 2012, who left to lead Alliance Ventures and co-manage its formation with managing director, Matthieu de Chanville, formerly a senior executive at consulting firm Boston Consulting Group.
Alliance Ventures receives 40% of its capitalisation from each of Renault and Nissan, while Mitsubishi supplies the other 20%. Its portfolio includes automotive services provider Shift Technologies, driverless vehicle software developer WeRide and microprocessor producer Kalray.