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Today: February 7, 2025
August 23, 2024
1 min read

Departure of Price from IBM Ventures shakes up the industry

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.

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