Yvonne Lutsch, investment director at Lam Capital, is one of our top 50 Emerging Leaders in corporate venturing for 2025.
Yvonne Lutsch spent more than two decades at Bosch and its CVC, before joining the venturing team at Lam Capital, the investment arm of US semiconductor equipment manufacturer Lam Research, in October 2024. Lutsch was attracted to Lam Capital’s smaller team, where she feels she can have more leverage to bring about positive impact at the corporation.
One venturing activity she would like to further enhance at Lam is venture clienting. In this model, all business units of a corporation are encouraged and incentivised to work with startups that are not necessarily part of the company’s investment portfolio. “You can leverage startup innovation even more with venture clienting and bring more value to the corporation,” she says.
Setting up a structure to implement venture clienting across the entire organisation is critical to further enhance strategic partnership potential with a corporation. “It is about having the entire organisation involved. If you can set up a structure where everyone in the corporate is onboard and agrees to be part of this, then you can make the onboarding of the startups much easier,” says Lutsch.
“I want to increase awareness in the ecosystem that we are here, what our interest areas are, how we are structured and what our thesis is, so startups can also approach us”
She also plans to expand Lam Capital’s outreach to the startup community by doing more speaking engagements at conferences.
“I want to increase awareness in the ecosystem that we are here, what our interest areas are, how we are structured and what our thesis is, so startups can also approach us.”
Lutsch sees opportunities in partnering and investing in startups that specialise in technologies that make data centres more efficient and sustainable. This includes advanced semiconductor packaging, switching and networking.
Chip cooling technology that enables semiconductors to run faster and with less energy is also an area of interest.
The venture team is also seeking to expand its investments in Asia.
See the full list of Emerging Leaders 2025 here.
