Shrina Kurani Appointed Deputy Director of Venture Capital at IBank
SACRAMENTO (March 24, 2025) — The California Infrastructure and Economic Development Bank (IBank) is pleased to announce the appointment of Shrina Kurani as Deputy Director of Venture Capital. In this role, Kurani will oversee IBank’s efforts to expand venture capital investments that support California’s innovation economy and economic development initiatives.
Kurani brings a wealth of experience in venture capital, sustainability, and business development. Since 2023, she has served as a Venture Specialist at IBank, working to advance funding opportunities for high-growth startups and emerging industries. She has been a Managing Partner at SNØCAP, an early-stage investment firm, since 2022 and Vice President of Business at Republic, where she helped democratize startup investing. Her career also includes experience as an Associate at Better Ventures, focusing on mission-driven investments.
“Shrina’s expertise in venture capital and her passion for fostering innovation make her an invaluable addition to IBank’s leadership team,” said Scott Wu, IBank’s Executive Director. “Her strategic insight and commitment to economic development will help drive investments that strengthen California’s position as a global leader in innovation and entrepreneurship.”
Kurani holds a Master of Science in Environmental Studies and Sustainability Science from Lund University and a Bachelor of Science in Mechanical Engineering from the University of California, Riverside.
“I am honored to step into this role at IBank and continue building pathways for entrepreneurs and startups to access capital,” said Kurani. “California is home to some of the world’s most groundbreaking companies, and I look forward to working with the team to support sustainable economic growth and innovation across the state.”
About the California Infrastructure and Economic Development Bank: IBank was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy, and improve the quality of life for Californians and communities throughout the state. IBank is located within the Governor’s Office of Business and Economic Development and is governed by a five-member board of directors.
IBank issues tax-exempt and taxable revenue bonds, provides financing to public agencies, provides credit enhancements, acquires and leases facilities, leverages state and federal funds, and provides loan guarantees and other credit enhancements for small businesses. Visit us at ibank.ca.gov.
Karen C. Naungayan
Deputy Director of External Affairs
Office: 916.447.8474
Mobile: 916.207.9132
