Electric Capital promotes Deeter and Shen to GPs

• Deeter was an early engineer at VMware and an early contributor to Facebook’s Newsfeed team
• Shen is a former founder and worked on search technology at Microsoft
• Electric Capital was founded in 2018

Electric Capital, a venture firm focused on the cryptocurrency, blockchain, fintech and marketplaces industries, has promoted Ken Deeter and Maria Shen to general partners.

Deeter is an engineer who leads Electric Capital’s DeFi investments. He was an early engineer at VMware and an early contributor to Facebook’s Newsfeed team.

Shen is an engineer who leads Electric Capital’s NFT investments. She is a former founder and worked on search technology at Microsoft that shipped to more than 1 billion devices.

Electric Capital, based in Palo Alto, California, was founded in 2018.