TLDR:
- Patrick Schmitt has left Continental after two years as senior investment manager at its CVC group.
- Schmitt helped Continental’s CVC fund invest in mobility and industrial technology developers at series A and B stages.
Patrick Schmitt recently departed from his role as senior investment manager at Continental’s corporate venture capital arm, after a two-year stint with the company. During his time at Continental, Schmitt played a key role in helping the $200m CVC fund invest in startups focused on mobility and industrial technology at series A and B stages. He also contributed to the firm’s startup partnership program, Co-Pace, and served on the boards of portfolio companies such as 4.Screen and Kopernikus Automotive. Schmitt’s departure marks a shift to a non-corporate VC job, as indicated by his LinkedIn post. Reflecting on his time at Continental, Schmitt expressed gratitude for the experiences, connections, and investments made during his tenure. His departure leaves a gap in Continental’s investment arm, as he moves onto new opportunities in the venture capital space.
