Oliver Finch has departed from his investment partner role at Maersk Growth, the corporate venturing arm of Danish shipping and logistics group AP Møller – Mærsk (Maersk).
Maersk Growth, who was hired Finch in 2018, invested in supply chain companies at seed and series A stages. Global Corporate Venturing named him a Rising Star in 2021.
Formed in 2017, Maersk Growth invests between $500,000 and $5m per deal and provides strategic support to entrepreneurs. It focuses on startups based in the UK, mainland Europe and the US.
Recommerce management platform Arrive Recommerce, AI-based inventory management system developer Dexory and Hived, which provides zero-emissions parcel delivery service, are among its portfolio, which has more than 30 companies.
“There’s rarely a perfect time to part ways in VC, but as we reach a strategic junction at Maersk, it’s time to explore something new,” said Finch in a LinkedIn post, without mentioning his new job.
Last month, former Maersk Growth partner Peter Votkjaer left the unit and took up a chief financial officer role at a portfolio company, industrial waste-derived low-carbon fuel developer WasteFuel.
The move followed the departure of GCV Powerlist member Shereen El Zarkani, who was managing partner at Maersk Growth.