Bennett Cohen has left Shell Ventures to join Petronas' corporate VC vehicle, which was set up by former GE Ventures managing director Ricardo Angel earlier this year.
PTV International Ventures Americas (Piva), the US-based corporate venture capital subsidiary of Malaysia-headquartered petroleum supplier Petronas, has hired Bennett Cohen as a partner.
Cohen had previously been a principal at Shell Ventures, the strategic investment subsidiary of oil and gas provider Shell. He joined the unit in 2015 and his areas of investment included blockchain, advanced cleantech and mobility technology.
Piva’s $250m fund targets early-stage, North America and Europe-based developers of artificial intelligence, machine learning, applied robotics, speciality chemicals, advanced…
