Jelto Kromwijk Smits is a Partner since 2009. He joined PTV from Philips where he held various senior management positions. His last position before joining PTV was that of CEO of the Philips Technology Incubator, which he established in 2002 at the High Tech Campus in Eindhoven, The Netherlands. The incubator was set up to further institutionalize Philips’ efforts in creating high-potential technology ventures with which Philips has been so successful in the past, e.g. ASML, JDS Uniphase, Navteq which grew to multi-billion dollar companies. During his leadership a large number of companies were started and spun out, of which three are now part of PTV’s portfolio: Silicon Hive, Civolution, amBX.
Until 2001, Jelto was manager of the Philips Corporate Strategy group at its headquarters in Amsterdam, in which capacity he contributed to the strategic turnaround of Philips as well as to a number of high-profile M&A projects. He moved there in 1994 after a technical career of 17 years in Philips Research where he was active in the development of break-through technologies in the domain of magnetic recording materials and devices.
Jelto obtained a PhD in Physics from the University of Groningen, The Netherlands, complemented by executive business education at IMD, MCE and Harvard. Jelto leads the investments in Silicon Hive , Liquavista and IPDIA.