Lux Capital Adds Bilal Zuberi as Partner
Venture capitalist and entrepreneur joins Lux’s Palo Alto office to back “Big, Bold, Brave Ideas”
PALO ALTO, Calif., May 9, 2013-- Lux Capital, a leading venture capital firm, today announced that Bilal Zuberi was joining the firm as a Partner in its Palo Alto office. Bilal joins from General Catalyst Partners, where he was a Principal in the firm’s Boston office, making investments in transformative technology companies including Gridco Systems, Arc Energy, SunBorne, CleaResult, SynapDx, and CyPhy Works. He will focus on identifying and leading early-stage investments across the Energy, Technology and Healthcare sectors, and will also work with existing Lux portfolio companies.
“I’ve had the pleasure of knowing Bilal for a number of years and working together as a co-investor,” said Peter Hebert, Co-founder and Managing Partner of Lux Capital. “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 a instrumental part of executing upon our strategy.”
"Lux isn't afraid to think differently and invest in unconventional spaces where others aren't looking, but outsized returns can be harvested,” said Zuberi. “I've seen firsthand how they roll up their sleeves and do the hard work necessary to help build a great company. They aren't just investors, they are entrepreneurs first and foremost – this helps them attract innovators and game-changers, and why it’s a team I am so proud to join.”
"Bilal is extremely bright, widely networked and passionate about supporting entrepreneurs," said Naimish Patel, Co-founder and CEO of Gridco Systems. "I believe these are among the most valuable attributes a venture investor can provide to founders. He is a magnet for great people and opportunities, and I'm excited to continue to work with him at Lux Capital."
Zuberi spent the last 10 years as an entrepreneur and investor in early-stage technology companies. Prior to joining General Catalyst, Bilal was a co-founder of GEO2 Technologies, an advanced materials technology company, and a management consultant with the Boston Consulting Group. Bilal was born and grew up in Karachi, Pakistan, and holds a Ph.D. from MIT. At General Catalyst, Bilal also co-founded RoughDraft.vc, an initiative to invest in early stage student startups, and the annual University Research and Entrepreneurship Symposium.
Lux Capital recently announced that it had begun investing from Lux Ventures 3, with total commitments of $245 million.
About Lux Capital
Lux Capital is a leading venture firm focused on founding, seed and early stage investments in emerging technologies. Lux takes an active role in helping entrepreneurs build successful businesses in Energy, Life Sciences and Technology. The Lux investment team has founded more than 20 companies from scratch, including Caliper, Genocea, Illumina, Kala, Kurion, Lux Research, Nanosys, Neurocrine Biosciences, and Vertex Pharmaceuticals. For more information please visit www.luxcapital.com.
Bibi Masara, 646-723-2217
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