HomeUKTDK Ventures Announces Three Investment Team Members in London; Initiates $150M Fund

TDK Ventures Announces Three Investment Team Members in London; Initiates $150M Fund


TDK Corporation (TSE:6762) announced that TDK Ventures Inc., its corporate venture capital arm, has added three key team members to grow its recently opened London office.

The team members will assume their roles, effective June 10, in the following positions: Marc Bouchet, Senior Investment Associate; David Delfassy, Investment Director; and Sam Hill, Investment Analyst.

As newly appointed Senior Investment Associate, Marc Bouchet will lead capital deployment from TDK Ventures Fund 2 which focuses on Digital Transformation (DX) and Energy Transformation (EX). He has spent the last three years supporting early-stage startups in the energy, climate, and industrial technology sectors in the firm’s San Jose, California, headquarters. Previously at Plug and Play Ventures and General Electric, he is an aerospace engineer by trade with a bachelor’s degree from Case Western University.

David Delfassy, Investment Director, will lead capital deployment from TDK Ventures’ Fund EX1 which focuses on accelerating European energy transition and decarbonization. He joins the London office after serving as a Senior Investment Associate with Ahren Innovation Capital. Prior to this, he was an investor in early-stage startups at MTech Capital and a management consultant with McKinsey & Company. He holds a B.S. in mechanical engineering and materials science from Duke University.

Sam Hill joins as Investment Analyst to support Delfassy’s team investing from Fund EX1. He comes to TDK Ventures from Clean Growth Investment Management, where he was a private equity investor, building on prior experience consulting with Roland Berger.

TDK Ventures aims to invest in breakthrough climate technology startups aligning with Europe’s goals to reduce greenhouse gas emissions by 50% and reach net-zero emissions by 2050. To that end, it has initiated its $150M (USD) multi-LP Fund EX1 (EX stands for energy transformation) that focuses on both European and North American-based electrification and decarbonization startups in Seed and Series A stages.