Home > Press > Dave Chen Moving to Venture Partner
Early-stage venture capital firm OVP Venture Partners (OVP) announced today that partner Dave Chen will transition to part-time venture partner effective July 1, 2007. He will retain an economic interest in the firm's most recent two funds while moving to independently pursue opportunities in sustainability and new and emerging markets.
Dave Chen Moving to Venture Partner
PORTLAND, OR | Posted on April 6th, 2007
"Dave brought a high degree of energy and intelligence to OVP. He has tremendous passion in the areas of sustainability and emerging markets, and we encourage and support his pursuit of new opportunities in these areas," said Chad Waite, General Partner at OVP.
OVP is currently investing its seventh fund of $250 million and recently added two new partners to its investing team. The firm now has over $750 million in capital under management.
About OVP Venture Partners
For over 24 years, OVP Venture Partners has led the drive into new, high-growth technology markets in the Pacific Northwest. OVPís strategy of focusing on early stage investments in defined spaces has yielded proven results; the firmís record of 52 liquidity events Ė including 22 IPOs Ė leads the region. The OVP team has a passion for working with ground-breaking entrepreneurs and high-caliber investors, and is known for its track record and personal integrity. OVP has over $750 million in capital under management and is currently investing its seventh fund.
OVP has offices in Seattle and Portland and concentrates on opportunities at the intersection of technologyís next big waves and foundational strengths native to the region. The firmís recent activity has included deals in communications, software, security, semiconductors, digital biology, and nanotechnology.
The OVP team includes investing partners Chad Waite, Lucinda Stewart, Mark Ashida, Rick LeFaivre and Carl Weissman in Seattle and Gerry Langeler, John Hull and Dave Chen in Portland. Chad Waite serves on the Board of the National Venture Capital Association (NVCA).
For more information, please click here
OVP Venture Partners
Sara Morris, 206-851-5590
Copyright © Business Wire 2007
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Harris & Harris Group Notes the Receipt of Proceeds From the Sale of Molecular Imprints' Semiconductor Business to Canon April 22nd, 2014
Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Champions Oncology, Inc. April 17th, 2014
Nanometrics to Announce First Quarter Financial Results on April 29, 2014 April 9th, 2014
Harris & Harris Group Notes Mersana's Collaboration Agreement With Subsidiary of Takeda Pharmaceutical Co. April 8th, 2014
Study finds long-term survival of human neural stem cells transplanted into primate brain April 23rd, 2014
High-Performance, Low-Cost Ultracapacitors Built with Graphene and Carbon Nanotubes: Future devices based on technology could bridge gap between batteries and conventional capacitors in portable electronics and hybrid electric vehicles April 23rd, 2014
Guo Lab Shows Potential of RNA as Heat-resistant Polymer Material for Nanoarchitectures April 23rd, 2014
National Space Society Congratulates SpaceX on the Success of CRS-3 and the First Flight of the Falcon 9R April 22nd, 2014