innovation platform otpp

Whether its tax avoidance or environmental scandals, some companies have been making the headlines for all the wrong reasons. The investment comes at a time when global automakers, technology firms, startups and investors - including Tesla, Alphabet Inc’s Waymo and Uber - are pouring capital into developing self-driving vehicles. Senior Principal; Richard Lam is based in Toronto and leads global fund relationships for the Teachers’ Innovation Platform. Teachers’ Innovation Platform (TIP) focuses on late-stage venture and growth equity investments in companies that use technology to disrupt incumbents and create new sectors. The investment comes at a time when global automakers, technology firms, startups and investors - including Tesla, Alphabet Inc's Waymo and Uber - are pouring capital into developing self-driving vehicles. Olivia Steedman, senior managing director of the Teachers’ Innovation Platform, says: “OTPP has long pushed the frontiers of infrastructure investing, from becoming a direct investor in the early 2000s, to an investor in greenfield infrastructure a few years ago, and now tech-enabled infrastructure. TORONTO, April 23, 2019 /CNW/ – Ontario Teachers’ Pension Plan (Ontario Teachers’) is pleased to announce it is launching a new investment department, Teachers’ Innovation Platform (TIP). Sources said on Monday that the round was being led by Teachers' Innovation Platform (TIP), the unit of OTPP which undertakes late-stage venture investments. The firm is showcasing its autonomous Lexus sport-utility vehicle and an FAW’s truck at the China International Import Expo, or CIIE, an annual import show in Shanghai that started on Wednesday and runs into the next week. SHANGHAI (Reuters) - Pony.ai, backed by Toyota Motor Corp, said on Friday it has raised $267 million in the initial phase of its fundraising round that values the self-driving startup at $5.3 billion, as it seeks to boost its presence in the United States and China. Kelvin Yu joined in late October to lead the Teachers’ Innovation Platform (TIP) team in Asia, bringing its regional headcount up to three. Pony.ai also recently received investment from state-owned automaker FAW Group [SASACJ.UL] and will jointly develop autonomous cars and trucks. The company tests its vehicles in Fremont, Irvine, and in Chinese cities of Guangzhou and Beijing and also recently launched an operation site in Shanghai. "The company will explore mobility services with Toyota," Chief Executive James Peng said, without disclosing further details. “The company will explore mobility services with Toyota,” Chief Executive James Peng said, without disclosing further details. This is part of Teachers' rigorous risk management approach. “We see a significant global opportunity for autonomous vehicle technology,” said Olivia Steedman, senior managing director, Teachers’ Innovation Platform, at OTPP. The OTPP is the administrator of Canada’s largest single-profession pension plan, with CAD 204.7 billion ($157.78 billion U.S.) in net assets. Kelvin has more than 20 years of extensive experience in venture capital, private equity and investment banking. The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. Teachers’ named Olivia Steedman, a 17-year veteran of the plan, as a senior managing director in charge of Teachers Innovation Platform. The company tests its vehicles in Fremont, Irvine, and in Chinese cities of Guangzhou and Beijing and also recently launched an operation site in Shanghai. Fremont-based Pony.ai, which is also backed by Sequoia Capital China and Beijing Kunlun Tech Co, plans to use the funding to develop technology and expand its fleet. Article content. “The company will explore mobility services with Toyota,” Chief Executive James Peng said, without disclosing further details. Join to Connect Ontario Teachers' Pension Plan ... high-growth companies with disruptive technology and/or business models,in order to provide retirement security for OTPP members. Ontario Teachers’ Pension Plan (OTPP) has launched Teachers’ Innovation Platform (TIP), a dedicated venture capital investment platform focusing on late-stage venture capital and growth equity investments in companies that use technology to disrupt incumbents and create new sectors. (Reporting by Yilei Sun and Brenda Goh, Editing by Sherry Jacob-Phillips). Olivia Steedman, senior managing director of the Teachers’ Innovation Platform, says: “OTPP has long pushed the frontiers of infrastructure investing, from becoming a direct investor in the early 2000s, to an investor in greenfield infrastructure a few years ago, and now tech-enabled infrastructure. So which one has provoked the most anger? The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. SHANGHAI (Reuters) - Pony.ai, backed by Toyota Motor Corp, said on Friday it has raised $267 million in the initial phase of its fundraising round that values the self-driving startup at $5.3 billion, as it seeks to boost its presence in the United States and China. Fremont-based Pony.ai, which is also backed by Sequoia Capital China and Beijing Kunlun Tech Co, plans to use the funding to develop technology and expand its fleet. I asked Lori if this new venture is part of Teachers' Innovation Platform (TIP) headed up by Olivia Steedman and she responded: TIP and Koru will be separate although there is potential for them to … Koru is a true venture foundry designed to unlock unique assets from within OTPP’s 90+ portfolio companies around the world. Research firm Sigwatch has compiled its annual list of the 20 companies most criticized by Non-Governmental Organizations (NGOs) around the world to reveal just that. Director, Teachers' Innovation Platform (TIP) Asia Pacific, at Ontario Teachers' Pension Plan Hong Kong SAR 500+ connections. Our Standards: The Thomson Reuters Trust Principles. Chelsea, stung by Arsenal defeat, held 1-1 by Villa. Houston | Toronto | Vancouver | Sibiu | Chennai | Singapore | Dubai Like us on Facebook to see similar stories, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. The latest funding, which comes just eight months after the company's $462 million fundraising, makes Pony.ai one of the most valuable independent autonomous driving startups, with higher valuation than rivals Aurora and Nuro, according to data provider Pitchbook. From Hugh Jackman to Mick Jagger, here is a look at what your favorite stars did before they hit the big time. Richard Lam. Gallery: Big Western businesses spending billions in China (Lovemoney). Pony.ai started developing its autonomous truck technologies by early 2019, Peng told Reuters. The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. See here for a complete list of exchanges and delays. The UN says all this money should be spent on improving standards of the impoverished country and its people but it isn’t. "The company will explore mobility services with Toyota," Chief Executive James Peng said, without disclosing further details. The C$175.6 billion ($132.5 billion) fund was founded in 1990 on a platform of innovation and commitment to excellence and since then it has continued to innovate – in its investment approach, the vehicles it uses, the systems and processes it builds, and the service it gives its members. OTPP also made recent additions in Hong Kong. Pony.ai also recently received investment from state-owned automaker FAW Group [SASACJ.UL] and will jointly develop autonomous cars and trucks. Sort by: relevance - date. Ziad began by saying "disruptive technology is everywhere" and OTPP built this innovation platform for three main reasons: Defensive: OTPP has over 100 portfolio companies and they want to understand how disruptive technology will impact them. A Microsoft account helps us personalise your Microsoft experiences and keeps your music, documents, app favourites, settings and more in sync with your Phone, PC or Xbox. The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. Advertisement. The funding was led by Ontario Teachers’ Pension Plan Board’s (Ontario Teachers’) Teachers’ Innovation Platform (OTPP), Pony.ai said in a statement. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. North Korea’s controversial supreme leader Kim Jong-un has an estimated $5 billion (£3.5 billion) of state funds at his disposal, according to the Huffington Post. The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. Old-fashioned daredevils who fell victim to their own ideas. Page 1 of 20 jobs. Glamsquad ($7mm), StayAtHand ($3mm), and Curbstand ($3mm). TIP will focus on late-stage venture capital and growth equity investments in companies that use technology to disrupt … The funding was led by Ontario Teachers’ Pension Plan Board’s (Ontario Teachers’) Teachers’ Innovation Platform (OTPP), Pony.ai said in a statement. Fremont-based Pony.ai, which is also backed by Sequoia Capital China and Beijing Kunlun Tech Co, plans to use the funding to develop technology and expand its fleet. In the past couple months, three of our early-stage platform clients raised Series A financing within 12 months of launch. TIP seeks exposure to technology-enabled businesses at the forefront of innovation by investing both directly and through funds. Reporting by Yilei Sun and Brenda Goh, Editing by Sherry Jacob-Phillips. ... OTPP believes in … With a track record of long-term investments and deep data center experience, OTPP holds a diverse global portfolio of assets across more than 50 countries including capital markets, equities, infrastructure and natural resources, real estate, and the Teachers' Innovation Platform (TIP). So what exactly does Kim fritter away a reported $600 million (£422B) a year on? Since 2012, Richard has been involved in the origination, evaluation, execution and post-investment monitoring of venture capital and growth equity fund investments. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. "The company will explore mobility services with Toyota," Chief Executive James Peng said, without disclosing further details. Olivia leads the Teachers’ Innovation Platform (TIP) for Ontario Teachers' Pension Plan (OTPP). The company said in a statement that the funds will be used to develop technology, expand its fleet of self-driving vehicles and explore mobility services with Toyota. Kelvin Yu joined in late October to lead the Teachers’ Innovation Platform (TIP) team in Asia, bringing its regional headcount up to three. I thank Lori McLeod, OTPP's Director of External Communications, for bringing this latest venture to my attention. Olivia Steedman will … The firm is … The Series C round was led by Ontario Teachers’ Pension Plan Board (Ontario Teachers’), one of the world’s largest pension plans with C$207.4 billion in net assets, through its Teachers’ Innovation Platform (TIP), which focuses on late-stage venture and growth equity investments in companies that use disruptive … All quotes delayed a minimum of 15 minutes. FREMONT, Calif. (PRWEB) November 05, 2020 -- Pony.ai, an autonomous driving company, today announces a new investment round led by Ontario Teachers’ Pension Plan Board’s (Ontario Teachers’) Teachers’ Innovation Platform (TIP). The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. The firm is showcasing its autonomous Lexus sport-utility vehicle and an FAW's truck at the China International Import Expo, or CIIE, an annual import show in Shanghai that started on Wednesday and runs into the next week. Otpp jobs. The funding was led by Ontario Teachers' Pension Plan Board's (Ontario Teachers') Teachers' Innovation Platform (OTPP), Pony.ai said in a statement. Displayed here are job ads that match your query. TIP focuses on late-stage venture and growth equity investments in companies that deliver … The funding was led by Ontario Teachers’ Pension Plan Board’s (Ontario Teachers’) Teachers’ Innovation Platform (OTPP), Pony.ai said in a statement. Read news better in low-light settings with dark mode. TORONTO — The Ontario Teachers’ Pension Plan has agreed to pay $1.03 billion for the Canadian wine business of Constellation Brands, one of the country’s top wine sellers, with seven of market’s Top 20 brands and a network of retail outlets in Ontario. He was formerly a Shanghai-based executive president at Chinese conglomerate and investment firm Fosun Group, where he led the new … Overview of Ontario Teachers’ Pension Plan (OTPP) 4 CAPITAL MARKETS INFRASTRUCTURE & NATURAL RESOURCES EQUITIES REAL ESTATE (CADILLAC FAIRVIEW) Teachers’ Innovation Platform •Centralized execution •Fixed income, currency and commodities •Alternative investments and global tactical asset … Investment Associate, Teachers' Innovation Platform Teacher’s Innovation Platform (TIP) is a new investment department within OTPP that is focused on late stage venture and growth equity investments in opportunities that use technology to disrupt incumbents and create new sectors. This time the funding round was led by Ontario Teachers’ Pension Plan Board’s (Ontario Teachers’) Teachers’ Innovation Platform (OTPP). Putting Platform Innovation to the Test. TIP is mandated to build a global portfolio of investments in late stage venture and growth equity. Director, Teacher’s Innovation Platform; Kelvin Yu is based in Hong Kong and is part of the senior team leading the Teachers’ Innovation Platform (TIP) in the Asia-Pacific region. An innovation platform founded by Ontario Teachers’ Pension Plan (“OTPP”) to build a portfolio of new businesses that drive breakout growth. Pony.ai started developing its autonomous truck technologies by early 2019, Peng told Reuters. For more information visit https://teachersbeyond.otpp.com/-/from-sidewalk-to-space. OTPP also made recent additions in Hong Kong. The latest funding, which comes just eight months after the company’s $462 million fundraising, makes Pony.ai one of the most valuable independent autonomous driving startups, with higher valuation than rivals Aurora and Nuro, according to data provider Pitchbook. Our hats are off to the founders and teams at these startups as they are the primary reason for their … Part of OTPP, TIP focuses on late-stage venture and growth equity investments in companies that use technology to disrupt incumbents and create new sectors.

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