Michel Chu is a serial entrepreneur, investor, adjunct professor, advisor and entrepreneurial coach. He is currently CEO/President of ITIC, a venture capital firm with more than US$600M assets under management. Meanwhile, Michel also serves as a member of the Science and Technology Council at the Board of Science and Technology of Taiwan's Executive Yuan. Previously he was General Partner at Acorn Campus Taiwan, a venture fund focusing on early stage life science startups.
ITIC
ITIC is the venture capital arm of the renowned R&D consortium – the Industrial Technology Research Institute (ITRI). Since ITIC’s inception in 1979, we have invested over US$500M across the globe. Our unique value proposition to startups and partners stems from two key strengths: the depth of expertise we draw on, and the breadth of resources we draw from.
Being a subsidiary of the Industrial Technology Research Institute (ITRI) – with over 6,000 tech experts, 24,000 alumni experts, and 25,000 patents in robotics, advanced materials, biotech and more – ITIC brings a depth of tech expertise that few investment firms can rival. Whether we’re sourcing deals, doing due diligence or supporting the R&D of our portfolio companies, this expertise gives us a formidable edge.
For more than four decades, we’ve also built a global ecosystem of partnerships. Our portfolio features industry leaders like TSMC, UMC, AUO, Epistar and a roster of world-class manufacturers. We also work with giants like Mitsubishi UFJ Capital on joint investments. This network allows ITIC to secure virtually any resource, support and mentorship a portfolio company needs.
Besides our own evergreen fund, we also manage a number of funds in collaboration with an array of public and private partners. Each fund has its own strategy and investment focus, and also leverages a different aspect of our considerable expertise and ecosystem.