Our Team

Dispersion is a manager-led venture firm supported by a global network of engineers, researchers, founders, operators, and enterprise leaders.
We combine technical depth with experience in company formation, enterprise adoption, and infrastructure investing across multiple computing cycles. Our work spans AI, distributed systems, cryptography, blockchain, edge computing, open-source software, and enterprise infrastructure.

Patrick Chang

Founder and Managing Partner, Dispersion Capital

Patrick Chang is the Founder and Managing Partner of Dispersion Capital, an early-stage venture firm investing in infrastructure for decentralized intelligence.
Across approximately two decades in technology finance and venture capital, Patrick has invested in infrastructure companies at the point where technical necessity was visible before the commercial category was established. Representative investments include Alchemy, Dapper Labs, Forte, Blockstack, Branch, Volterra, CAST AI, Kite AI, Sahara AI, 0G, and Primus.
Before founding Dispersion Capital in 2022, Patrick invested at Samsung NEXT, Cota Capital, Investor Growth Capital, Bain Capital Ventures, and Foundation Capital. He began his career in technology investment banking and M&A at Bank of America Merrill Lynch and Lehman Brothers.
Patrick’s work sits at the intersection of technical architecture, enterprise adoption, and early-stage category formation. He has developed and invested behind theses across blockchain, edge computing, open-source infrastructure, and AI since 2014.

Venture Partners and Advisors

Raymond Liao

Advisor

Samsung Next Ventures Founding Managing Director

Matt Cheng

Venture Partner, Investor, and Advisor

Founder and Managing Parter Cherubic Ventures

Dr. Hossein Moiin

Advisor to DePIN, DeWi, and TIPIN

Former CTO of Nokia

Pierre Arys

Venture Partner

Partner at Cherubic Ventures

Cullen Jennings

Advisor

Senior Tech Fellow and CTO at Cisco. Focus on Edge, Comm, OSS

Paul Brody

Advisor

EY Global Blockchain Leader

Roham Gharegozlou

Advisor

CEO, Co-founder Dapper Labs, FLOW, Axiom Zen

Mikhael (Mik) Naayem

Advisor

President, Co-Founder Dapper Labs, Flow

David Eun

Advisor

Former President and Chief Innovation Officer of Samsung

Kary Bheemaiah

Advisor

Vice President Chief Technology & Innovation Officer (CTIO) of Capgemini Invent I Co-Lead of Capgemini Metaverse Lab