David Weng is recognized as a seasoned angel and venture investor with a proven track record of bringing startups to successful IPOs, mergers, and acquisitions. He focuses primarily on early-stage investments in the Internet, enterprise software, wireless, cybersecurity, and rapidly-growing technology companies.
He has invested in about 80 early-stage high technology companies. Some of the more notable successes include the NetScreen Technologies IPO and its acquisition by Juniper Networks for US$4 billion, and Protego Networks' acquisition by Cisco Systems.
Prior to his investment projects, David served as Software Engineering Director at Cisco Systems and at Hewlett-Packard before that. He actively participated in M&A activities during Cisco fast-growing time in the '90s. He has over 20 years of experience in software engineering and Internet technologies.
Jerome Shen, Ph.D.General Partner of Bio Fund
Jerome Shen was the President and co-founder of Allgenesis Biotherapeutics Inc., a new drug development company addressing the unmet medical needs in the ophthalmology areas since 2014. Before Allgenesis, he was the executive of the venture capital firms in Cheng Xin Ventures and Xinchen Ventures for 20 years. He focused on investment in the life science and biotech/pharmaceutical industry and had intensively working experiences with bio-scientific entrepreneurs in startups to help them grow the corporate' value.
In addition to the venture capital businesses, he also took the leading roles in several biotech start-ups, responsible for corporate development and strategic initiatives and planning. Dr. Shen was the Secretary-General of Taiwan Biotech Association, a non-profit organization, from 2005 to 2008. The mission of the Taiwan Biotech Association was to provide services to the industry members in business development, human resources, and training programs.
He received his Ph.D. in Chemical Engineering at the University of Wisconsin, Madison.
General Partner of Tech Fund
Cheng is a successful serial entrepreneur and well-acclaimed industry veteran, having founded and led numerous businesses spanning a range of different industries.
His entrepreneurship began in 1995. He founded Arris Networks, a startup that developed high-density Internet access products that was acquired by Cascade Communications for $217M in May 1996. In 1997 he founded ArrowPoint Communications, where he served as CEO, leading the company to a successful IPO and was acquired by Cisco Systems for US$5.7 billion in 2000. Through this acquisition, he joined Cisco Systems and held various positions, including Group VP. In 2002, he founded Acopia Networks with US$65M and was acquired by F5 Networks for US$210M in 2007. In the same year, Wu founded Azuki Systems with US$6M specializing in broadband wireless multimedia data transfer software, which was subsequently acquired by Ericsson for US$100M in February 2014.
Mr. Wu has a bachelor's degree in electrical engineering from ChiaoTung University, Taiwan (1972, BS), and a master's degree in computer science from Indiana University in 1977.
Horace ChenVP of Legal Affairs
Before joining Taiwania Capital in 2020, Horace was the compliance head of CDIB Private Equity (Fujian) Corporation, in charge of all legal matters for the RMB funds raised by CDIB for about four years. Before that, he worked for Acer for about four years and had six years of work experience in law firms.
Horace received his LL.M. degree from New York University, an MBA degree, and an LL.B. degree from National Taiwan University. He is admitted to practice laws in Taiwan and New York and also holds a legal practice certificate in China.
Hsin-Fu Huang, CFAVP of Operations
Prior to joining Taiwania Capital in 2017, Hsin-Fu was the project director of Stratwise Consulting, in charge of cross-border sourcing, technology collaboration, and procurement service. Before that, he co-founded a medical device startup - Instrumen NV in Belgium and oversaw in financial management and operation of the company.
Mr. Huang has a bachelor's degree in finance from National Chengchi University in Taiwan and a master's degree in international business economics from Katholieke Universiteit Leuven, Belgium. He is also a CFA charterholder.
Michael HuangManaging Partner of Bio Fund
Prior to joining Taiwania, Michael was the co-founder and CEO of NeuroVive Pharmaceutical Asia, Inc. (NVP Asia), a new drug development company focusing on the development of mitochondria-related diseases. During his tenure, NVP Asia had successfully signed out-licensing deals with Sihuan Pharmaceutical and Sanofi Korea.
Michael had over 18 years of experience as a venture capitalist, focusing on investments in life science startups in the US, Taiwan, and Japan. Some of his notable deals include Coley Pharmaceuticals, Inc. （acquired by Pfizer)、MediciNova (MNOV, OSE:4875)、Nellix, Inc.(acquired by Endologix)、Mycenax Biotech, Inc. (TPEx)、PharmaEngine, Inc. (TPEx)、Apex International Co. (Acquired by Paraxel)、Frequency Therapeuitcs, Inc. (FREQ).
Michael's expertise is in investing and managing early to late-stage biotech and medical device companies in Greater China, Japan, European and North America regions.
Huang Lee, Ph.D.Managing Partner of Tech Fund
Dr. Lee serves as the Managing Partner of Taiwania Capital in Silicon Valley, where he focuses on enterprise software, autonomous systems, advanced manufacturing, robotics & drones, next-gen semiconductors, sensors, immersive technology, 5G, and cloud infrastructure. He serves as the board of directors of several startups in Silicon Valley and is the advisor and former President of TAITA, one of the largest Taiwanese organizations connecting entrepreneurs, technologists, and investors between Taiwan and Silicon Valley. Dr. Lee was trained as an engineer and has published 50+ papers and patents with 1000+ citations. He received his Ph.D. from Stanford University.
Dr. Lee was trained as an engineer and has published 50+ papers and patents with 1000+ citations. He received his Ph.D. from Stanford University.
Steven LeeManaging Partner of Tech Fund
Prior to joining Taiwania Capital, Steven was Founder, and Managing Director of Weave Venture Partners, a new cross-border investment platform focusing on the US deals with founders or key management teams who graduated from MIT, Stanford and UC Berkley. Through the investment platform, the company successfully helped Taiwan Listed technology companies build up overseas investment and strategy alliances.
Before that, Steven was Managing Director of H&Q Asia Pacific Group and President of H&Q Taiwan. During his 18 years tenure in H&Q Asia Pacific, Steven took a leadership role in VC/PE investment in the US, Taiwan, and China. While he worked in H&Q, Steven had successfully invested in more than 50+ deals with a 3.3X return in total. The industry coverage includes Advanced Manufacturing, AI and Machine Learning, Autonomous Vehicles, Semiconductor, Enterprise Software, and Smart Healthcare.
Ita LuManaging Partner of Tech Fund
Prior to joining Taiwania, Ita has combined 20 years of both life sciences buy-side (public equities, venture capital, private equity), sell-side (equity research, investment banking) and biotech operational experiences across the US and in Asia. Ita's investment expertise across both direct investment as well as the secondary market in investing and managing expansion to late-stage biotech and medtech companies.
Some of his notable deals include Advancis Pharmaceuticals (IPO), PTC Therapeutics (IPO), Anadys Pharmaceuticals (Acquired by Roche), Arpida AG (IPO), CombinatoRx (IPO), Morphotek (Acquired by Eisai), U-Systems (Acquired by GE Healthcare), MBI Biotech (IPO) , PharmaEssentia (IPO) and Eirgenex (IPO).
Mitch YangManaging Partner of CEE Fund
Mitch is a successful entrepreneur with extensive experience in corporate governance and international business development with expertise in data communication and Industrial Automation technologies.
In the 1990s, as a young engineer, Mitch was heavily involved in the early stage of NASA's Internet development, participating in NASA network backbone deployment and TCP/IP standard definitions. After leaving NASA, Mitch founded EtherWAN Systems, one of the earliest industrial Ethernet switch/router companies. EtherWAN was acquired by Phoenix Contact, a 100-year-old, €3B revenue German company, in 2017. During his tenure with EtherwAN, Mitch was involved in many M&A cases, on behalf of both the buy-side and the sell-side.
Mitch has a bachelor's degree in electrical engineering from National Taiwan University, a master's degree in computer engineering from the University of Southern California, and an MBA from Marshall School of USC.