Mach49, the growth builder for global businesses, announced Kevin Ye and Chris Cusack as Managing Partners of the firm’s Venture Investing practice. Ye and Cusack will expand Mach49’s capacity to help corporations around the globe to drive growth through venture capital, strategic partnerships, and venture acquisitions.
Led by a team of experienced venture capitalists, Mach49 designs and accelerates corporate venture capital (CVC) units. Since 2020, Ye and Cusack’s team has designed and supported investment funds for some of the world’s largest corporations.
Commenting on the success of their venture investing practice, Chris Cusack, Managing Partner of Mach49 Venture Investing, said: “We have an incredibly talented team of experienced investors. Our focus is on driving inorganic growth through well-coordinated partnership, investment, and acquisition strategies, and those capabilities are fully integrated at Mach49.”
Kevin Ye, Managing Partner of Mach49 Venture Investing, added: “The growth we have experienced in the past three years shows us that CVC should be a tool in every corporation’s toolkit. Companies are reaching out to us at unprecedented rates because they recognize that this is a great time to get in early on deals they may not have had access to before.”
One of their successes is TDK Ventures, who collaborated closely with Mach49 to design and launch their first $50 million corporate venture fund in 2019. TDK’s corporate venture capital arm has since had four exits in their Fund 1 portfolio and announced an additional $300 million across two funds, the more recent Fund EX1 to focus on Europe and North American-based electrification and decarbonization startups.
Nicolas Sauvage, President of TDK Ventures, commented: “Corporate VC is hard, you need to be both a very good financial VC and a very good strategic CVC. Mach49 helps us think about investments from a financial VC point of view, and this ultimately drives our corporate VC design and its execution to be trusted by the full VC ecosystem.”
Ye and Cusack have been instrumental in Mach49’s work with clients including Goodyear Ventures, Halliburton Labs, Hines Global Venture Lab, Hypertherm Ventures, Vale Ventures, Zeon Ventures, and more.
Linda Yates, Founder and CEO of Mach49, concluded: “Corporate venture investing is a powerful way for corporations to have an outsized impact on global problems like climate change. Every corporate dollar that’s well invested unlocks ten more from other investors to do the important work needed in the world.”
Mach49, the growth builder for global businesses, has responded to unprecedented demand from Global 1000 companies by expanding its Venture Investing practice. Through venture building, venture investing, venture transformation, strategic partnering, and targeted M&A, Mach49 helps its clients to drive meaningful growth by disrupting existing markets and creating new ones.
Managing Partners Kevin Ye and Chris Cusack have been instrumental in Mach49’s work with Global 2000 corporations, and have successfully designed and supported investment funds for some of the world’s largest corporations.
Nicolas Sauvage, President of TDK Ventures, commented: “Corporate VC is hard, you need to be both a very good financial VC and a very good strategic CVC. Mach49 helps us think about investments from a financial VC point of view, and this ultimately drives our corporate VC design and its execution to be trusted by the full VC ecosystem.”
Linda Yates, Founder and CEO of Mach49, concluded: “Corporate venture investing is a powerful way for corporations to have an outsized impact on global problems like climate change. Every corporate dollar that’s well invested unlocks ten more from other investors to do the important work needed in the world.”
Mach49, the growth builder for global businesses, has responded to unprecedented demand from Global 1000 companies by expanding its Venture Investing practice. Led by Managing Partners Kevin Ye and Chris Cusack, Mach49 designs and accelerates corporate venture capital (CVC) units for these companies, helping them capitalize on their unique advantages — people, resources, knowledge, and customers — to create value and be on the right side of disruption.
The company has successfully designed and supported investment funds for some of the world’s largest corporations, including TDK Ventures, who collaborated closely with Mach49 to design and launch their first $50 million corporate venture fund in 2019. This venture capital arm has since had four exits in their Fund 1 portfolio and announced an additional $300 million across two funds, the more recent Fund EX1 to focus on Europe and North American-based electrification and decarbonization startups.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.