Phil Chen

Founding Partner, Race Capital & CEO of Cold Electric

Phil Chen is CEO of Cold Electric, a full-stack energy storage decentralized battery company disrupting the electric grid. He is also a founder and General Partner of Race Capital, a global VC fund which he co-founded with Alfred Chuang.

Phil founded and led the EXODUS project at HTC, the world's first smartphone built for the decentralized internet, or Web 3.0.

Phil is a big believer in people being able to own their own digital identity, assets and data and the smartphone is the perfect place to start. Phil knows it can empower and educate users to wrestle back control from the world’s largest tech companies.

Phil returned to HTC to start EXODUS, the company where he previously helped launch the world’s first phone to ship with Android, the HTC Dream.

Phil also founded the Vive VR project at HTC and from that launched Presence Capital, a venture fund specializing in VR/AR startups. Phil’s track record in hardware is prescient - he led the $300 million deal for HTC to acquire a stake in Beats Electronics from Dr. Dre in 2011.

Prior to starting EXODUS and Race Capital, Phil was part of Horizons Ventures, Li Ka-shing’s venture fund, where he served as a board director and observer for fifteen companies globally including Improbable, Sentient, 88 Rising, and Blue Vision Labs.

Phil began his career at an e-book start-up whose product eventually culminated in the Barnes & Noble Nook.