Aster Capital, originally formed by corporates Schneider Electric and Alstom, has promoted Jérome Joaug from principal to partner.

Jérome Joaug has been promoted to partner at Aster Capital, a venture capital firm managing €520m ($550m) through multiple funds raised with major corporations and institutional players.

Joaug joined Aster in its UK office as a principal in March 2018, and his early deals included PacketAI, Hadean and Wluper. He had previously been a serial entrepreneur, co-founding Cambridge Nanosystems out of his research at the University of Cambridge, and Nymbly, a low-power internet-of-things platform.

Aster Capital was formed by Schneider…

James Mawson

James Mawson is founder and chief executive of Global Venturing.