Monday, December 15, 2008

ARCH's Thurk Promoted To Partner

Chicago-based venture capital firm ARCH Venture Partners has promoted Paul Thurk, in the firm's Austin offices, the firm said Monday. ARCH, which invests in early-stage companies in the life, physical, and information sciences areas, said that Thurk has recently co-founded a new company in the clean energy sector. Details on the new company were not disclosed. Thurk started at ARCH in 2000 as a Kauffman Fellow in the firm's Austin offices. He was co-founder and CEO of Innovalight, and has been involved with Nitronex, Cambrios and Semprius, as well as ARCH's efforts at Sandia National Laboratories. ARCH also said it has promoted Kristina Burow, in the firm's San Francisco offices.