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Ralph
E. Taylor-Smith, General Partner
Ralph
is a General Partner of Battelle
Ventures L.P. and Innovation
Valley Partners L.P. and he manages the Washington DC regional office located at Battelle’s Crystal City site. He covers all aspects of the venture business, including deal sourcing, due-diligence, deal negotiation and transaction closing, Board of Director duties, and start-up company development. Ralph has led or co-led various venture investments for the firm including BioVigilant,
Hi-G-Tek, Nistica, Rajant, RemoteReality,
Sypherlink,
and he serves on the Board of Directors for each of
these Companies. Prior to entering the venture capital
industry, Ralph gained significant experience in technology
R&D, business development and investment banking.
He worked previously as a Senior Research Scientist
at Bell
Labs, in Business Development at Lucent
Technologies, and as an Investment Banker on
Wall Street at GoldmanSachs
and JPMorgan.
At Bell Labs (originally the R&D unit of AT&T
Corporation and Lucent), Ralph worked almost ten
years as a Research Scientist, Engineer and Technology
Manager, focused on semiconductor microelectronics processing,
photonics components and fiber-optics devices, advanced
materials and nanotechnology. He authored over 40 scientific
publications and technical conference presentations,
had his research work featured in BusinessWeek
and Fortune
Magazine and was cited by MIT
Technology Review Magazine as one of the top
100 technology innovators in the USA for 1999-2000.
In addition to R&D, Ralph worked on business development/strategy
teams supporting Lucent Microelectronics (which became
corporate spinout named Agere Systems Inc. subsequently
merged into LSI Corporation),
the Lucent Optical Network Communications group (now
merged into Alcatel)
and the Lucent Corporate Ventures group. After Lucent,
Ralph made a transition to Wall Street investment banking,
working at GoldmanSachs and then at JPMorgan, on mergers/acquisitions,
equity offerings and convertible-debt transactions.
At GoldmanSachs, Ralph covered the Technology Media
& Telecommunications (TMT) industry sector, focusing
on semiconductor microelectronics, photonics, communications
infrastructure hardware and software. At JPMorgan, Ralph
covered the Chemical Technologies industry sector, focusing
on Specialty Chemicals, BioPharmaceuticals, Oil &
Gas, and Energy/Power. He then joined the investment
team at Battelle Ventures.
Ralph gained his academic training from Princeton
University and the Massachusetts
Institute of Technology (MIT), receiving a PhD
in Engineering (Chemical & Biomolecular Engineering
focus) and an MBA in Finance (Corporate Finance &
Strategic Planning focus). He holds twelve patents
issued to Bell Labs, OFS Optics and Agere Systems
for innovations
in semiconductor microelectronic devices, optical-fiber
& photonics, fuel cells, flat panel displays, and
nanotechnology systems. Ralph was selected as a Kauffman
Fellow by the Center for Venture Capital Education
& Entrepreneurial Leadership, affiliated with the
Ewing
Marion Kauffman Foundation. He was also appointed
a Robert
Toigo Foundation Fellow in Finance & Technology
Entrepreneurship at MIT
Sloan School of Business Management and appointed
a Price-Babson
SEE Fellow in Entrepreneurship Education & University
Curriculum Development at Babson
College Center for Entrepreneurship. Ralph remains active in higher education as a University adjunct professor and senior lecturer in Engineering Innovation Management, Entrepreneurship and Science/Technology Commercialization. In addition to his several for-profit Corporate Board Directorships, Ralph serves various non-profit educational organizations, academic colleges and universities as Advisory Board Member or Board of Trustees Member; he also works regularly with the National Science Foundation (NSF) on SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs.
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