THE
FRONTLINE
MARCH 2020
01 MEMBER DOWNLOAD
Lutz Stoeber
Investment Director, Evonik Venture Capital

"For a corporate venture capital unit, it’s always an initial challenge to define your objectives and establish a close link to your parent organization’s innovation programs and business interests."

Lutz Stoeber is Investment Director at Evonik Venture Capital (EVC), where he represents EVC in North America. Prior to joining Evonik, Lutz was involved in investments in advanced materials, 3D printing, biotechnology, healthcare solutions and industrial companies for more than 15 years. Lutz holds a Ph.D. in Chemistry and is an inventor of advanced materials technology.
02 MEMBER NEWS
BP AIMS FOR NET ZERO EMISSIONS BY 2050

BP aims to reinvent itself as it plans to pivot away from petroleum and reach net zero carbon emissions by 2050, according to CEO Bernard LooneyBP’s long-term plans include reducing its investment in oil and gas and investing instead in low carbon businesses. (Forbes)
DEUTSCHE TELEKOM TESTS 5G TECHNOLOGY

DT has started testing the 5G radio frequency repeater that it co-developed with SK Telecom. The 5G repeater transmits signals to users inside buildings and tunnels, and is the first tangible outcome of the two companies’ cooperation on 5G technologies. (Korea Herald)
DELTA PLEDGES $1B TO SUSTAINABILITY

Delta has pledged to invest $1B towards achieving carbon neutrality by 2030. The investment will focus on driving innovation, advancing clean air travel technologies, reducing waste and emissions, and establishing new offsetting and natural carbon sequestration projects. (GreenBiz)

STANDARD CHARTERED FORMS PAYMENTS JV

Standard Chartered announced it has set up a new joint venture with Australian fintech startup Assembly Payments to offer payment solutions to the global e-commerce industry. It seeks to help merchants worldwide address challenges and scale their businesses. (TechInAsia)

03 OUR TEAM
MEET THE TEAM: LUDOVIC ULRICH

Ludovic Ulrich is a Partner at Silicon Foundry. Prior to joining SiFoundry, he spent over a decade running startup and accelerator programs in Paris, Seattle and San Francisco, including leading the Startup Ecosystem team at Salesforce and running programs at Microsoft and TechStars. READ MORE
BEHIND THE SCENES: SEED INVESTING MACROTRENDS

Silicon Foundry Partner Steve Gotz sits down with Kelli Fontaine from Cendana Capital, a $1B+ AUM fund-of-funds that exclusively focuses on investing in Pre-seed and Seed VC funds, to discuss the evolving nature of seed investing. READ MORE
04 WHAT WE'RE READING
How Google Got Its Employees To Eat Their Vegetables Medium
Leadership, Resilience and the COVID-19 Outbreak BCG
Sustainable Startups Should Consider Corporate Venture Capital First  The Conversation
The Decade That Completely Transformed Venture Capital  Quartz
The World’s 50 Most Innovative Companies of 2020  Fast Company
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