When long period of time Uber staff member and head of Uber’s food shipment company in Europe, Middle East and Africa, Jambu Palaniappan, gave up the on-demand juggernaut, it was let slip that he prepared to sign up with a European equity capital company, however it wasn’t clear which. Previously.
TechCrunch has actually gained from a number of sources in the European early-stage financial investment neighborhood and from a variety of portfolio business that the previous UberEats executive has actually signed up with Atomico , the London-based VC company co-founded by Skype creator Niklas Zennstrm.
Specifically, Palaniappan will be signing up with Atomico as part of its Executive-In-Residence (XiR) program. This sees the VC company deal senior operators and previous creators 12 month agreements to assist coach the next generation of Atomico portfolio business creators while those people find out exactly what they wish to do next.
Sources have actually likewise informed me that a senior executive from Deepmind might have likewise signed up with the specific name however the european vc is still to be verified. Atomico did not react to an ask for remark at the time of publishing.
Meanwhile, inning accordance with Atomico’s site , another of its Executive-In-Residence is previous Spotify staff member number 8 Sophia Bendz, who was formerly Global Director of Marketing and Communications at the music streaming giant. In addition, eRepublik Labs creator and CEO Alexis Bonte, and Rdio creator Carter Adamson, were both XiRs however have actually given that decided to remain on at Atomico as Venture Partners.
Update: Eight hours later on Atomico has blogged about Palaniappan’s brand-new position, in addition to revealing that previous Deepmind item supervisor Steve Crossan has likewise end up being an Executive-In-Residence at the VC company.