Steve Taub has departed from GE Ventures, power and industrial equipment producer General Electric’s corporate venturing unit, to join In-Q-Tel (IQT), the US intelligence community’s venture capital fund.
Taub, who has taken a partner position at In-Q-Tel, had been a managing director at GE Ventures since 2017, having joined another General Electric subsidiary, financial services unit GE Capital, in 2006, before shifting to GE Ventures in 2012.
During his time at GE Ventures, Taub oversaw investments in portfolio companies such as product lifecycle management software developer Aras, metal 3D printer producer Desktop Metal and transport technology developer Virgin Hyperloop One.
IQT invests in startups based in the US and abroad that develop technologies relevant to national security. It is expanding its international presence, opening a UK-based office in November 2018 that will be joined by an Australian office early this year.
Taub will be based in the city of Waltham, Massachusetts in order to explore the ecosystem in Greater Boston, where IQT has had a presence since its launch in 1999 before opening the Waltham office in 2007.
IQT’s portfolio companies include artificial intelligence microchip developer Mythic, cloud infrastructure management software developer Fugue and software services provider GitLab.
Photo of Steve Taub courtesy of LinkedIn.
