Divya Raghavan has departed from NGP Capital after four years to invest in software, data and AI on behalf of electronics producer Hitachi.
Hitachi Ventures has hired Divya Raghavan as a principal at its Silicon Valley office.
Hitachi Ventures’ main office is led by CEO Stefan Gabriel in Germany but it also maintains an eight-strong team in Silicon Valley under president and partner Pete Bastien, which Raghavan will join to focus on software, data and AI infrastructure startups.
Raghavan held the same position at NGP Capital, the VC firm backed by telecoms equipment producer Nokia, having joined in 2021. She was one of GCV’s Rising Stars in 2024.
“I am incredibly grateful to the team at NGP Capital for their encouragement and mentorship over the years,” Raghavan said in a LinkedIn post. “I am looking forward to backing early-stage founders building the next generation of infrastructure and platforms.”
At NGP Capital Raghavan led investments in document collaboration software provider Coda, which was acquired by Grammarly in late 2024, as well as data security platform Immuta, valued at $1bn in its most recent round.
