ThinkZone Ventures has appointed Marco Breu as its new venture partner, while Bolt is hiring a country manager in Malaysia.
Ex-McKinsey senior advisor joins Vietnam’s ThinkZone Ventures
Vietnamese VC firm ThinkZone Ventures has appointed Marco Breu as its new venture partner to accelerate the growth of its Series A+ portfolio companies in terms of strategy consulting, fundraising, and partnership connections, according to an announcement.
Breu is currently a senior advisor in McKinsey & Company’s Vietnam office. Originally from Switzerland, he started his McKinsey journey in the Zurich office in 1999 and later relocated to various Asian locations, including Seoul, Singapore, Thailand, and Vietnam.
In this venture partner role, Breu aims to leverage his extensive expertise and network to help growth-stage startups in ThinkZone’s portfolio to grow beyond Series A. This is a significant addition to the fund’s capabilities of incubating tech startups from pre-seed, achieving product-market fit in seed, and scaling beyond Series A to international markets.
Last year, ThinkZone also appointed Hoang Nguyen as Partner & Head of Investments, who has strong expertise in financial advisory & investment management at Deloitte and Sovico Group.
ThinkZone Ventures is currently raising its third fund from both local and international limited partners with the goal of achieving the first close of $20 million by the end of H1 this year.
Ride-hailing firm Bolt seeks country manager to drive Malaysia ops
Global ride-hailing firm Bolt is hiring a country manager in Malaysia.
The company announced on its website that it is looking for a country manager in Malaysia to lead and launch its ride-hailing business. This strategic role, based in Kuala Lumpur, will be the interface between its business and the key country stakeholders.
Bolt, previously known as Taxify, competes with Uber in ride-hailing. It also operates electric scooters, launched food delivery in 2019, and is expanding to cover 200 cities in 40 countries across Europe and Africa.
In 2020, the Estonian transportation startup raised 150 million euros ($182 million) from investors. In the same year, it also rolled out its platform in Thailand as competition grows among Southeast Asian ride-hailers.
