Kite Appoints New CEO, Kari LaMotte, to Lead Transformative Venture Creation in Natural Resource Sector
Vancouver, BC - March 7, 2023. Kite Company Creator (“Kite”) is pleased to announce the promotion of Kari LaMotte to the role of Chief Executive Officer effective February 1, 2023.
Kari has over fifteen years of executive leadership experience, including founding two technology companies and in executive search for C-Suite roles in the technology sector. Most recently, Kari was the Managing Director for UBC’s venture builder, entrepreneurship@UBC, supporting UBC founders in commercializing innovation that addresses critical global problems across all major industries.
“The clean-technology transition requires critical minerals,” says Richard MacKellar, Founder and Executive Director. “With declining ore grades and increased demands on our existing deposits, we cannot meet our mineral needs of the future. The world will need to deploy 25X more clean technologies each year by 2030 to achieve our climate objectives- this is where start-ups can help. Kari’s extensive experience in innovation, ecosystem development, and growing businesses will help Kite to build strong, successful, revenue-generating companies that solve these problems. We believe her strong leadership experience will help drive Kite’s success during this period of rapid expansion.”
“Achieving our global climate goals requires a rapid acceleration in clean innovation,” says Kari LaMotte. “The IEA predicts the rising deployment of clean energy technologies will supercharge demand for critical minerals, quadrupling mineral demand for clean energy technologies by 2040. Doubling down on mining and metals innovation towards a planet positive future is an imperative and I’m dedicated to taking this initiative forward.”
As Managing Director at entrepreneurship@UBC, Kari successfully doubled the annual number of research ventures commercializing technology in the program. Under her leadership e@UBC more than doubled its success rate in innovation commercialized and average funds raised per company, and grew their supporting investor network by over 500%.
About Kite Company Creator
Founded in 2021, Kite Company Creator (Kite) is a Venture Catalyst, creating transformative ventures for planet-positive innovation. Kite ventures target large industrial problems, applying digital, AI, and engineering technologies to turn operational challenges into commercialization opportunities that generate strong returns and exceptional ESG performance.
For further information, please contact the Kite Team:
hello@kitecreator.com | www.kitecreator.com