
Kostas Mallios
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- Full Name
- Kostas Mallios
- Title
- Corporate Vice President & General Manager, Applied AI (and CSD Europe) at Applied Materials; Co-Founder / Investment Team member, PJ Tech Catalyst Fund
- Firm
- PJ Tech Catalyst (seed fund); operating role at Applied Materials
- Firm Type
- Angel Investor / Seed Venture Fund
- Investment Stage
- Seed Round
- Check Size
- Seed capital up to €750K via PJ Tech Catalyst (personal angel check size not publicly disclosed)
- Target Company Profile
- Early-stage technology startups, often founder-led teams in ICT and deep/applied technology
- Sector Focus
- Information & Communication Technology (ICT), software/SaaS, AI, virtual reality, wireless power, consumer/research tech
- Geographic Focus
- Greece / EU (via PJ Tech Catalyst) and the U.S. Pacific Northwest tech ecosystem
- Location
- Greater Seattle Area, Washington, USA
Background
Kostas Mallios is a Seattle-based technology executive and seed-stage investor with more than two decades of C-level experience. He spent roughly 15 years at Microsoft as an executive and partner, holding General Manager and Partner roles across product development, M&A, marketing, strategy, business development, and R&D. He later served as Vice President at Intellectual Ventures (intven.com), where he built technology-driven businesses through invention and strategic partnerships, focusing on challenges such as elder healthcare, energy efficiency, and food safety.
His operating résumé spans several growth and turnaround roles: Chief Business Officer & Chief Operating Officer at uBeam (wireless power), where he helped align product, engineering and go-to-market and supported the company's Series B; business and strategy leader at INNOETICS (text-to-speech), which he helped sell to Samsung; and CEO & Board Director at Clipper Vacations. Earlier in his career he served as Director of the Small Business Development Center at the University of Pennsylvania's Wharton School. Today he is Corporate Vice President & General Manager of Applied AI at Applied Materials, working to accelerate AI adoption across cloud and edge by bridging systems and materials/silicon design.
On the investing side, Mallios co-founded the PJ Tech Catalyst Fund in 2012 — during Greece's economic crisis — a seed venture fund created to back Greek entrepreneurs and ICT startups. The €15M fund, backed by the European Investment Fund and Piraeus Bank, deployed seed capital of up to €750K per company and made 21 investments plus roughly 40 follow-on financings. He works alongside an investment team including Nikos Antoniou, Vasilis Theoharakis, Christos Tsangos, and Elena Gyftea.
Mallios holds an MBA in Technology Management from Rensselaer Polytechnic Institute and a B.S. in Marketing Management from Siena College, and has completed an executive program in Exponential Innovation at Singularity University and executive coaching coursework at UC Berkeley. He has written as a contributor for HuffPost, where he describes believing "in the power of ideas and technology and an individual's ability to make a difference."
Investment Thesis & Focus
- Invests at the seed stage in technology startups, historically through PJ Tech Catalyst with checks up to €750K plus reserves for follow-on rounds.
- Strong ICT / software / applied-technology orientation — portfolio spans survey/research software, retail ERP, cloud infrastructure, AI, VR, and hardware (wireless power).
- Brings an operator's lens: as he frames PJ Tech Catalyst, "We don't just invest. We bring in our energy and expertise" — backing founders with hands-on strategy, business development, and follow-on fundraising support.
- Driven by connecting business solutions to real human needs and combining novel and established ideas through networks of creative professionals to "generate lasting value."
- Geographic dual focus: the Greek/EU startup ecosystem (PJ Tech Catalyst) and Seattle/Pacific Northwest technology companies via advisory and angel involvement.
Notable Investments
- Pollfish — DIY global market-research/survey platform (founded 2013); PJ Tech Catalyst portfolio company, acquired by Prodege in 2022 (exit).
- Intale — cloud-based ERP and data-analytics platform for retail/SMBs; PJ Tech Catalyst portfolio.
- Mist.io — cloud-management and multi-cloud monitoring dashboard; PJ Tech Catalyst portfolio.
- uBeam — wireless power technology; Mallios joined as CBO/COO and supported its Series B raise (operating + value-add role).
- INNOETICS — text-to-speech technology; led strategy through its acquisition by Samsung.
- ORamaVR — Seattle/Switzerland VR-for-medical-training company; listed among his affiliations (advisory/board-level involvement).
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