Aster enriches its international team by appointing ANDREAS VON RICHTER and FABIO LANCELLOTTI as Partner and PIERRE-LUC JOFFRE as Senior Associate

October 12th 2016

Based in San Francisco, Beijing, Tel Aviv, Nairobi and Paris, venture capital firm Aster continues its specialisation in transforming industrial models and enriches its international presence by announcing three appointments. Andreas von Richter, a renowned expert in mobility, energy and industry 4.0, has been appointed as a Partner. Fabio Lancellotti, previously a Principal, has been promoted to Partner. Pierre-Luc Joffre has left Bain&Company to become a Senior Associate.

Previously Managing Director of EcoMobility Ventures and with 6 years of experience as Vice President of GE Capital in Munich, Andreas von Richter

brings renowned expertise in the mobility, energy and industry 4.0 sectors along with excellent understanding of the innovation ecosystems in Europe and Israel. He will contribute to Aster’s European hedging strategy, particularly by supporting the firm as it sets up operations in Germany in 2017, where Aster already has made ten or so investments.

“The energiewende – the energy transition in German – has made the energy and Internet of Things markets particularly promising. Thanks to these high quality technologies along with renowned expertise and infrastructure, Germany has the world’s greatest expansion potential in transport, renewable energies and the digitalisation of manufacturing,” explains Andreas von Richter, Partner at Aster.

Pierre-Luc Joffre brings to Aster the skills and experience acquired with a leading corporate strategy firm

along with his expertise in the sustainable development sector, attested to by a Master of Science in Environmental Economics from Imperial College London.

“At Aster, we look closely at the initiatives in new technologies and digital, which are increasingly changing the playing field – particularly in the energy and transport sectors. We intend to identify the best technologies and provide these with capital as well as advising and access to partnerships with our sponsors to accelerate their development,” says Pierre-Luc Joffre, Senior Associate at Aster.

Fabio Lancellotti, previously a Principal, has been promoted to Partner.

With a degree from Politecnico engineering school in Milan and an MBA earned between IESE Business School and the London Business School, he joined Aster in October 2010. He has progressively taken on developing new activities at Aster, particularly in the cloud/data centres, and has become the point of reference on the team for investment opportunities in Software as a Service (SaaS) in the sectors targeted by Aster. He represents Aster in several investments: Customer Matrix (France/US), Iceotope (UK), Atlantium (Israel) and Teem Photonics (France).

By welcoming experts with high added value onto its team, Aster confirms its strategy of growth organized as a business hub – a new generation of growth accelerator for startups.

Andreas von Richter is a key expert in Germany on renewable energies and transport. He will contribute his knowledge of the German market so as to reach the most promising areas and develop our network for the benefit of high-potential startups. Pierre-Luc Joffre will develop a new expertise – environmental technologies – which is consistent with and complementary to our core activity. His arrival will allow us to promote Aster’s value proposition to new industrial players and strengthen our geographical coverage in Europe and the United Kingdom,” says Jean-Marc Bally, Managing Partner of Aster.