TLDR:
- Paul Price has left IBM Ventures after more than a decade in various innovation and M&A integration roles.
- Price was most recently the UK leader of IBM Ventures Innovation Hub.
Paul Price, who had a long tenure at IBM, recently announced his departure from IBM Ventures to take on a new undisclosed position. Price served as the UK leader of IBM Ventures Innovation Hub and led the team integrating mergers & acquisitions for 14 years. Prior to his time at IBM, Price worked as a director at PwC in London.
IBM Ventures, the corporate venture capital arm of IBM, focuses on investing in early-stage enterprise software startups in areas such as AI, cybersecurity, quantum computing, and sustainability. In a recent move, IBM Ventures launched a $500 million venture fund to specifically invest in enterprise AI startups.
This news comes as IBM Ventures continues to play a key role in the innovation and capital space, particularly in the realm of corporate venture capital. Price’s departure marks a transition within IBM Ventures as they continue to seek opportunities for growth and investment in the tech startup ecosystem.