Samsung has promoted Dede Goldschmidt to run the vehicle, whose previous co-heads Shankar Chandran and Francis Ho have begun a new fund with its former chief strategy officer, Young Sohn.

David ‘Dede’ Goldschmidt has been appointed head of Samsung Catalyst Fund (SCF), an evergreen vehicle for South Korea-headquartered consumer electronics manufacturer Samsung Electronics, to lead the unit’s global activities.

Goldschmidt has been in the venture capital ecosystem for two decades. SCF hired him in 2015 as an Israel-based managing director to oversee investments in the country and in Europe, covering areas including 5G, artificial intelligence, automotive, cloud, healthcare, quantum and robotics technologies.

Managing directors Christopher Chu, Scott Levine and…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.