Earlier this year, Omers Ventures, the venture capital arm of Canadian pension fund Omers, outed a new EUR3 00 million money aimed at European technology startups, having banked neighbourhood VCs Harry Briggs, Tara Reeves and Henry Gladwyn.
And now the conglomerate is adding a fourth representative in Europe: Jambu Palaniappan( pictured centre ), the former head of Uber’s food delivery business in Europe, Middle East and Africa, has joined Omers Ventures as a Managing Partner.
Palaniappan affiliated Uber in 2012 when it was a 75 -person startup focused primarily on the U.S. sell. He led the go sharing behemoth’s stretch throughout the EMEA region and India, before becoming Regional General Manager for Eastern european states, Russia, the Middle East, and Africa. He then went on launch Uber Eats in EMEA.
In other terms, Palaniappan creates even more functional ordeal to Omers’ European VC team, although he isn’t new to the world of venture capital, either. His most recent gig was at London-based venture capital firm Atomico, where he spent 12 months as Executive-in-Residence( news that TechCrunch broke back in July 2018 ).
Unsurprisingly, Palaniappan has also been an angel investor, and is said to have backed a number of startups in the U.S ., Europe, the Middle East, and Africa.
Meanwhile, the recruitment of Palaniappan scores a good introduction half time for Omers Ventures Europe, discovering the Canadian investor put together a team of faces well-known to the London and broader European tech and startup representation. Briggs’ resume includes periods at BGF Ventures and Balderton, as well as founding and exiting Tonics, a state sucks company. Reeves was at seed firm LocalGlobe and also co-founded Turo, the car-sharing marketplace. And Gladwyn previously succeeded grain speculations for the founders of DeepMind.
The Omers Ventures Europe team have already invested more than EUR7 6 million into the European ecosystem. Speculations to date include FirstVet, Resi and Quorso.
Read more: feedproxy.google.com