Congratulations to Mike Smeed, MD of our Corporate Venturing Arm, InMotion Ventures, for being recognised on the Global Corporate Venturing 2024 Powerlist. Under Mike’s leadership the exceptional team have completed four times more deals than the two years prior; with 90% of the InMotion Venture’s portfolio of engaged with JLR today. With a global focus on early-stage climate, industrial and enterprise investments, InMotion Ventures is a positive enabler of our Reimagine strategy, allocating capital to selected startups to increase the pace of innovation and support JLR's future growth.
We are thrilled to announce that our Managing Director, Mike Smeed, has been recognised on this year's Global Corporate Venturing Powerlist. 🥇 The list is a reflection of the industry #leaders who are shaping the #corporate #venturing landscape. Since joining InMotion Ventures, Mike has spearheaded the restructuring of our investment thesis and operating model, leading us into our busiest and most successful period yet. Under Mike's leadership, the team have completed x 4 more deals compared to the two years prior to his arrival, with 90% of our portfolio companies now actively engaged with JLR. Powerlist selection was based on an analysis of quantitative and qualitative metrics, including no. of investments, successful exits, team composition, strategic approach, and community involvement. Congratulations to Mike and all the other leaders recognised this year. Head to the link below for the full profile. https://lnkd.in/dBKqVsav #GCVPowerlist #Powerlist #CVC
Operations Director SVO and Castle Bromwich Plant
1moExcited to read this. Top job Mike.