Walden Catalyst Ventures, co-founded by several alumni of Samsung's corporate venturing programme, has closed its inaugural fund.

Walden Catalyst Ventures, the US-based venture capital firm co-founded by ex-employees of South Korea-headquartered consumer electronics producer Samsung’s Catalyst Fund, closed its debut fund at over $550m yesterday.

The limited partners were not disclosed but the firm said they included institutional investors as well as the chief executives of top tech companies.

Young Sohn, one of Walden Catalyst Ventures’ two founding managing partners, was formerly chief strategy officer of Samsung Electronics and ranked fourth on Global Corporate Ventures’ 2019…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.