Tony Chao, senior investment director and general manager of Applied Ventures has accepted a partner position at Tyche Partners.

Tony Chao (pictured), has left his position as senior investment director and general manager at Applied Ventures, semiconductor maker Applied Materials’ corporate venturing unit, to assume a new role at venture capital firm Tyche Partners this month.

“After a decade in CVC and at Applied Ventures, I have accepted a partner position with Tyche Partners,” Chao said.

A feature of Global Corporate Venturing’s Powerlist in 2017 and 2018, Chao had joined Applied Ventures in 2007 and had been senior investment director and general…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.