BCG Digital Ventures, a corporate venture capital and incubation firm, has launched DV Hatch in the Bay Area.
BCG DV Hatch is a corporate incubator dedicated to funding, incubating and scaling internally developed IP and startups in partnership with leading companies. It will be connected to BCG DV’s global network of innovation centers in Manhattan Beach, London, Berlin and Sydney.
BCG DV plans to open DV Centers and Hatches in several other commercial hubs, both in the U.S. and abroad, as a focal point of its global expansion. In contributing its own risk capital alongside corporate partners to these new businesses, BCG DV is also establishing a new model for corporate innovation and venture capital.
Henry Vogel, former co-founder and CEO of social recommendation search engine Raved which BCG DV purchased last year (and just announced here), will lead global operations for DV Hatch as a Partner and Managing Director.
Vogel, who brings more than two decades worth of entrepreneurial and investment experience to the role having previously served as the head of companies including Apptera (Soleo) and Quigo (AOL), is joined at DV Hatch by Raved co-founder Alex Dukic and a team of entrepreneurs, engineers and product experts.
Founded in 2014 by Jeff Schumacher, CEO, BCG Digital Ventures has major innovation centers in Manhattan Beach, Berlin, London and Sydney, as well as a host of Hatches across the globe.
FinSMEs
23/10/2015