Dark
Light
Today: August 11, 2024
July 13, 2024
1 min read

Auto tech rising star Proetto lands major promotion at Holman

TLDR:

  • Brandon Proetto has been promoted to director at Holman Growth Ventures, the corporate venture capital arm of Holman
  • Holman Growth Ventures invests in automotive technology startups, focusing on areas related to electrification, autonomous vehicles, supply chain, and AI

After a year as an associate in the logistics management company’s CVC unit, Brandon Proetto has been promoted to director at Holman Growth Ventures. The corporate venture capital arm of US-headquartered vehicle fleet management firm Holman, Holman Growth Ventures was launched in 2019 and invests in automotive technology startups, specifically in areas related to electrification, autonomous vehicles, supply chain, and AI. The unit has backed funds run by VC firms Plug and Play and FM Capital and currently has 14 active portfolio companies, including logistics software platform Zuum, EV charger installation service Treehouse, and electric vehicle manufacturer Rivian. They achieved an exit when used vehicle marketplace Vroom listed on the Nasdaq Global Select Market in 2020. Proetto, who joined Holman Growth Ventures in 2023, focuses on energy and mobility sectors and previously worked as an investment banking associate at Bank of America targeting similar areas.

Previous Story

Zoë Foundry’s growth fueled by $5 million in funding

Next Story

Unleashing Venture Capital: NATO’s Strategic Secret Weapon Revealed

Latest from Blog

Investors Favor Breakout Trends Over Moonshots, VC Confirms

TLDR: Venture capitalist Adam Cochran explains that investors prefer ‘breakout trends’ over ‘moonshots’ due to pressure from limited partners. VC funds are skeptical of early-stage crypto investments despite the historical outperformance of
Go toTop