Lux Capital lures Bilal Zuberi from General Catalyst as new partner


BUS venture firm Lux Capital has poached General Catalyst principal Bilal Zuberi to become a partner in its Palo Alto office.

Zuberi spent almost five years at General Catalyst in Boston working on investments in transformative technology companies including Gridco Systems, Arc Energy and SunBorne.

Lux said Zuberi would focus on identifying and leading early-stage investments in the energy, technology and healthcare sectors and work with the firm’s existing portfolio companies.

Peter Hebert, co-founder and managing partner at Lux, said, “I’ve had the pleasure of knowing Bilal for a number of years and working together as a co-investor.

“At Lux we continue to believe the combination of brilliant entrepreneurs and scientific innovation will drive immense industry shifts, leading to the creation of extraordinary companies.

“With Bilal’s track record of investing in and helping to build deep technology businesses, he will be an instrumental part of executing upon our strategy.”

Pakistan-born Zuberi has spent the last 10 years as an investor and entrepreneur in the early-stage technology sector.

Before joining General Catalyst he founding his own advanced materials company GEO2 Technologies and was a management consultant with the Boston Consulting Group.

Lux recently began investing from its $245m third fund after beating its $200m target for the vehicle in February.

Investors in the oversubscribed Lux Ventures III included the Crown family of Chicago as well as foundations, financial institutions and other family offices.

Fifty per cent of the LPs that participated were new investors to Lux Capital funds, the firm said.

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