Myriad Venture Partners Expands Network with Executive Board
Myriad Venture Partners Expands Network with Executive Board
Myriad Venture Partners has taken a significant step forward by forming an Executive Advisory Board, inviting esteemed industry leaders to guide innovation in AI, B2B software, and clean technology. This addition is crucial for introducing invaluable insights and trends that shape the company's strategic initiatives.
Objective of the Executive Advisory Board
The newly formed Executive Advisory Board is set to play a pivotal role within Myriad's vast corporate ecosystem. By providing early access to significant insights and highlighting emerging trends, the Board is dedicated to creating robust strategic roadmaps for Myriad’s portfolio companies. This guidance is essential in helping startups and corporate partners navigate the fast-paced tech landscape.
Members of the Executive Advisory Board
This prominent Board comprises notable figures, including:
- Louie Pastor, Executive Vice President and Chief Administrative & Transformation Officer at Xerox Holdings Corporation.
- Paul Holland, General Partner (Emeritus) at Foundation Capital and Managing Director at Mach49.
- Tolga Kurtoglu, Chief Technology Officer of Lenovo and former CTO of HP Inc.
- Kris Meulen, Chief Development Officer at The Hershey Company.
- Linda Yates, Founder & Chief Executive Officer at Mach49.
- Kshitij (KK) Kumar, former Chief Data Officer at Haleon.
- Yuka Yu, VP of Global Business Operations at Google.
- Daryl Cromer, VP of Global Innovation & Research and Chief Product Security Officer at Lenovo.
- Jimmy Cheng, Head of TIC at the Office of the CEO.
- Brandon Batt, Chief People and Transformation Officer at Quadient.
Driving Innovation and Partnerships
Chris Fisher, Founder of Myriad Venture Partners, emphasized the importance of the Executive Advisory Board, stating, "These leaders bring a wealth of experience that directly enhances our ability to drive innovation and foster meaningful partnerships. Their expertise is invaluable in guiding startups and supporting emerging industries.
Myriad's Investment Approach
The Executive Advisory Board integrates seamlessly into Myriad's investment strategy, which emphasizes collaboration among corporate and financial partners. This strategy is designed to develop innovative business solutions, fostering growth and generating long-term value. Myriad’s commitment to financial returns ensures that startups and corporate partners benefit strategically.
Success Through Collaboration
Myriad's model has proved effective, facilitating more than 152 targeted introductions between corporations and startups over the past six months. This strategic initiative has resulted in 36 proof-of-concept arrangements and 10 commercial contracts, adding substantial value across its networks. The results over a 24-month engagement with a Strategic Advisory Board member were even more remarkable, with over 175 corporate connections leading to 60 POCs and 11 commercial contracts.
Endorsements from Advisory Board Members
Paul Holland noted, "Myriad is doing something truly different from the typical Silicon Valley venture model by focusing on deep, lasting innovation. This approach benefits startups by better understanding product-market fit." Kshitij Kumar added, "Collaborating with Myriad informs how companies can seamlessly integrate innovation and emerging technologies, especially AI, into their strategies. This relationship is crucial as enterprises adopt these technologies to transform their operations and decision-making processes."
Recent Funding Initiatives
Myriad took the lead in funding significant projects, including a secure computation platform and impact investing initiatives aimed at renewable energy. Additionally, Myriad has invested in firms such as Anvilogic and LimaCharlie, reinforcing its dedication to supporting innovative business solutions. By leveraging their network, Myriad continues to present lucrative opportunities for growth and innovation.
About Myriad Venture Partners
Myriad Venture Partners is an early-stage firm shaping the future of business solutions through investments in AI, clean technology, and B2B software sectors. By offering a wealth of expertise alongside a strong network of partners, Myriad continues to redefine the landscape of business operations and value creation.
Frequently Asked Questions
What is the purpose of the Executive Advisory Board at Myriad Venture Partners?
The Executive Advisory Board is designed to provide strategic insights and guidance to enhance the innovation and success of Myriad's portfolio companies.
Who are some notable members of the Executive Advisory Board?
Notable members include Louie Pastor from Xerox, Paul Holland from Foundation Capital, and Tolga Kurtoglu from Lenovo.
How does Myriad Venture Partners support startups?
Myriad provides access to critical insights and introductions to potential partners, facilitating growth and innovation within the startup ecosystem.
What recent funding activities has Myriad undertaken?
Myriad led funding rounds for several platforms, including those focused on secure computation and renewable energy investments.
What is the significance of Myriad's investment model?
Myriad's investment model focuses on long-term value and collaboration, ensuring that startups and corporate partners benefit from strategic alliances and shared knowledge.
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