Tiffine Wang has joined Japan-headquartered insurance group Mitsui Sumitomo & Aioi Nissay Dowa (MS&AD)’s US-based corporate venturing unit, as a partner after nearly five years at Singtel Innov8.
Located in Silicon Valley and overseen by managing partners Jon Soberg and Tak Sato, MS&AD Ventures is a venture capital firm affiliated with MS&AD that runs a $120m fund to invest in early-stage enterprise companies set up in October 2018.
Singtel Innov8, the corporate venture capital arm of telecommunications firm Singtel, has about double the fund size. Wang joined the unit in 2014 before being promoted to senior investment manager in early 2017.
Wang’s deals in frontier and robotics technologies at Singtel Innov8 included the seed and series A rounds for Airspace, an aerial security system developer likely to see increasing demand following the recent drone attack on a Saudi Arabian oil refinery.
Other deals for Singtel were executed in the cybersecurity and enterprise sectors, and included Bitsight, Bitglass, Countertack, Synack, Fireglass, Shape Security and Qubole.
Photo of Tiffine Wang courtesy of Twitter.