Mr Andrew Chung

KANDO id: 9379

Bio

Andrew is a thought leader in U.S.-China cross-border collaboration in innovative technologies. He founded 1955 Capital to invest in technology from the Americas and Europe that have the potential to solve the most pressing problems in China, India, and the developing world. Prior to founding 1955 Capital, Andrew was a general partner at Khosla Ventures where he focused on transformative companies in the areas of sustainability (energy, food, agriculture), education, health, and other emerging technologies. Andrew was one of six partners who managed the firm and served as a director on the boards of Ambri (grid storage), BioConsortia (agriculture), Cogenra (solar), Ecomotors (efficient engines), Lanzatech (carbon mitigation, bioenergy), LS9 (bioenergy) [acquired by REGI], Pellion (batteries), Stion (solar), and Wattpad (mobile web). While at Khosla, Andrew led the firm’s China activities and worked with many of the firm’s portfolio companies to develop models for U.S.-China collaboration to address some of China’s toughest environmental challenges. Working closely with EcoMotors and LanzaTech, Andrew helped pioneer capital-efficient models for commercializing sustainable technologies by leveraging partnerships with Chinese industrial leaders like Baosteel, Capitol Steel, First Auto Works, and Zhongding Power to fund first production plants in China. He was also invited by the U.S. Ambassador to China, Max Baucus, as a special advisor to a historic U.S.-China presidential trade mission led by Secretary of Commerce Penny Pritzker and Deputy Secretary of Energy Elizabeth Sherwood-Randall. Prior to Khosla, Andrew was at Lightspeed Venture Partners and helped build the firm’s cleantech practice, which invested in Solazyme [SZYM], Nest Labs [acquired by GOOG], SolarEdge [SEDG], and Quantumscape, among others. He also helped develop the firm’s practice areas in education and genomics. Andrew represented Lightspeed as a board member or observer for Coaltek, LS9 [acquired by REGI], Natera, Orbis Education, Personalis, Serious Business [acquired by ZNGA], Solazyme [SZYM], and Stion. As a well-known voice in sustainable technology and U.S.-China collaboration, Andrew has keynoted at the White House, Swiss Economic Forum, Asian Venture Capital Journal Forum, Cleantech Venture Forum, Economist Innovation Summit and Cleantech Investment World Asia. He serves on a White House Roundtable on Advanced Manufacturing, and frequently advises federal and state government officials on energy policy. Andrew also was the founding chairperson of the Cleantech Board of The Indus Entrepreneurs group (TiE), the largest global organization focused on fostering entrepreneurship, and he is a long-time advisor to the Cleantech Open (CTO), the largest cleantech accelerator in the world. He has been a guest lecturer at Harvard, Wharton, Stanford, MIT, Tsinghua, Peking University, and the Paulson Institute, and he serves on the Advisory Board for the Wharton Initiative for Global Environmental Leadership. Previously, he worked at Bain Capital and TL Ventures, where he supported buyout and venture investments in healthcare, software and semiconductors. Prior to that, he was a management consultant with Bain and Company in greater China, where he worked with clients in energy, private equity, retail, and logistics. Earlier in his career, Andrew cofounded UberWorks, an e-commerce platform that aggregates customers’ purchasing information across hundreds of vendors, which he eventually led through a successful acquisition by Network Commerce (NWKC). He speaks fluent Mandarin and Cantonese Chinese.


Career


1955 Capital - founder

Venture capital firm focusing on US technology companies that can be commercialized in China and other developing markets.
From

Lightspeed Management Co LLC

Multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors.
N/A (past)
Email: [email protected]

Khosla Ventures

Venture capital firm founded by Vinod Khosla.
Partner (past)

Education


Wharton School of Business

MBA in Business Administration

Harvard University

BA in Applied Mathematics