Partner
Raymond Chang
Managing Director, NXT Ventures
- Firm
- NXT Ventures
- Title
- Managing Director
- Role
- Managing partner
- Known as
- Investor
Record updated 21 September 2026
About
Raymond N. Chang is a successful entrepreneur and an active angel investor. In 1997, Raymond founded GigaMedia, the first broadband company in Asia. In 1999, GigaMedia received 35mm strategic investment from Microsoft, and in 2000, the Company went public on NASDAQ and raised US$280mm, one of the largest IPOs for Internet company prior to 2000. In 2007, Raymond founded Luckypai, a leading TV shopping company in China and raised venture financing from Lightspeed Venture Partners, DT Capital, Intel, Lehman Brothers, and Goldman Sachs. In 2010, Luckypai was sold to Lotte Home Shopping for US $160mm. From 2012-2013, Raymond served as the CEO of New Focus Auto, the largest automobile aftersales service company dual-listed on Hong Kong & Taiwan exchanges, (US$750mm in market cap). In 2013, Raymond completed a US$160mm investment from CDH Capital, a leading Chinese private equity fund.
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