After serving 16 years as the managing director at Bosch Ventures, Llovera is leaving the corporate venturing arm.

Llovera departs from Bosch Ventures

Luis Llovera has announced his departure from Bosch Ventures, the corporate venture capital firm of Germany-based engineering company Robert Bosch.

Llovera his plan to stay in venture capital on a LinkedIn post but has yet to disclose his next employment position.

Llovera was managing director of Bosch Ventures for 16 years. Previously he was at Siemens Venture Capital for 11 years where he was the vice president and general manager and director of business development, sales support and product management.

Bosch Ventures was founded in 2007 and invests in IT, energy, healthcare and manufacturing sectors. The firm has 62 companies in its portfolio and has invested in more than 160 startups such as JetCool, Syntiant and Actility.