Management team
Nicholas Darby, Chairman
Nicholas Darby, Ph.D., brings expertise in new business development and shaping innovative technology companies. Dr. Darby was a founding member and Director for more than twelve years in the Corporate Venture Capital Group at Dow Chemical, one of the most successful corporate venture groups in the world in capital deployed, profitability and longevity. He was responsible for numerous investments in corporate spin-outs and university-based start-up companies, primarily in the Physical Sciences. Prior to his work with Dow's venture group, Dr. Darby was an executive in Dow Chemical Canada's Research and Development and Corporate New Business Development groups. He directed programs in many industries and diverse markets including energy generation, advanced materials and electronics (including displays, data storage, compound semiconductors, organic electronics, and packaging/interconnect). Dr. Darby received post-doctoral training at the University of British Columbia and was a Fellow at University College, London. He holds a Ph.D. from the University of Alberta, and a B.Sc. with Honors from Queen's University, Canada.
Alexander Mittal, Chief Executive Officer
Alexander Mittal brings expertise in new business development, technology development, and technology startup management. Now a director, Mr. Mittal recently served as co-founder and Chief Technology Officer of Crederity, a multinational information technology and services company he helped grow from idea stage to high growth stage that was recently named to Red Herring's Asia 100 Winner's List. Mr. Mittal helped architect key technology products used by IBM, Nike, Bacardi, Toshiba, and other clients, and aided with marketing and sales, strategy, and business planning. As President of Penn Engineers without Borders from 2004-2007, Mr. Mittal helped grow a seven person team into a full organization conducting engineering and development work in North and Central America and West Africa, with projects benefitting over 15,000 individuals worldwide during his tenure. Mr. Mittal also previously conducted project management for institutional clients and startups. Mr. Mittal has also conducted notable advanced materials science and engineering research at New York University, for which he was invited to present at the 2002 Nobel Prize ceremonies, and he has received international media attention for his accomplishments--he was named an Intel Young Scientist, Intel Science Talent Search Finalist, and Siemens Westinghouse National Finalist--and he and his work has been featured or mentioned in USA Today, NBC News, The Wall Street Journal, The New York Times, BusinessWeek, and The Philadelphia Inquirer, amongst others. Mr. Mittal was a Joseph Wharton Scholar, Benjamin Franklin Scholar, and M&T student at the University of Pennsylvania, simultaneously receiving a B.S. in Economics from the Wharton School of Business and a B.S. in Engineering from the School of Engineering and Applied Science.
Jack Welch, SVP Strategic Development
Jack Welch is a 30-year veteran of DuPont, where he was the Vice President of Operations for the $2 billion Packaging and Industrial Polymers business unit. Mr. Welch assists Innova Dynamics on both a strategic and operational level, helping to both define and execute business and operational strategy. During his tenure at DuPont, Mr. Welch served in a number of senior management, business, and operations leadership assignments in the Olefins, Polyolefins, Engineering Plastics, Fluoropolymers, and Elastomers business. While at DuPont, Mr. Welch served on DuPont's Research Committee which provided oversight for the direction of over $1 billion of research spending. Jack also served on the Corporate Operations Committee which directed functional excellence efforts for over $30 billion in operations spending. He was also a member of DuPont's Government Affairs Committee which provided direction for the companies PAC and directed the company's efforts to impact legislation affecting the companies businesses. Mr. Welch had oversight responsibility for Process Safety Management in DuPont and is widely regarded as an expert in the field of process safety and risk management. Mr. Welch was recognized by NASA administrator Dan Golding for his contributions to NASA's human flight program. Mr. Welch has also acted as a venture consultant for investors evaluating materials deals.
Arjun Srinivas, Chief Operating Officer
Arjun Srinivas brings experience in nanotechnology research and private equity investments in the technology space. As one of the original members of Livingston Securities, the first nanotechnology focused investment bank, he advised a top 3 pharmaceutical company on nanotechnology-enabled medical solutions. Mr. Srinivas' business and finance experience also extends to trading and private equity investing at Susquehanna International Group, where he worked on the floor of the New York Board of Trade, and Susquehanna Private Equity Investments, where he was involved in acquisitions, sourcing and valuing deals, and advising portfolio companies. Mr. Srinivas' nanomaterials research experience spans functional polymer composites and nano-fluidics at Florida Atlantic University, where he initiated the research and commercialization of a nano-fluidics enabled consumer-oriented blood viscosity measuring medical device. His experience also includes work with nanowire characterization at the University of Pennsylvania and Drexel University under Dr. John E. Fischer. He graduated from the University of Pennsylvania Jerome Fisher Program in Management and Technology Program with a BS of Economics in Management from the Wharton School and a BS of Engineering in Materials Science Engineering.
Michael Young, Director of Technology Development
Michael Young directs the R&D operations and supply logistics for Innova Dynamics. Previously, he has received international awards for his work including seed funding from UNESCO for his research on carbonaceous materials in recognition for its impact towards sustainable development. He brings experience in semiconductor nanolithography engineering from IBM Microelectronics and in award-winning optical nanomaterials research and nanowire synthesis work from the University of Pennsylvania. His nanomaterials research has received funding from the DoD (Army), AFOSR, ONR, and NIH, and has been presented at the American Physical Society, NATO, IEEE, and URSI. As Technology Advisor to Power Up Gambia, a nonprofit organization focused on solar energy for sustainable development, he coordinated the planning, materials selection, and system requirements of a successful installation of a $300,000 solar system for rural electrification of Sulayman Jungkung General Hospital in Gambia, which no longer has a life-threatening shortage of reliable electricity. His academic background spans the PhD program in Electrical Engineering from Stanford University, and the dual degree program from the University of Pennsylvania (BA in Physics and BSE in Materials Science Engineering). He is a member of The American Society for Microbiology, IEEE, SPIE, and OSA. Mr. Young also serves as Principal Investigator for an army contract awarded to Innova Materials by the US Army Research, Development, and Engineering Command.
Advisory board
Tom Austin, Co-Founder, And1 (link)
Dr. Nader Engheta, H. Nedwill Ramsey Professor of Electrical and Systems Engineering, and Professor of Bioengineering, University of Pennsylvania (link)
Scott Livingston, Chairman & CEO, Livingston Securities (formerly Livingston Group at Axiom Capital Management) (link)
Dr. David Pope, Professor of Materials Science, University of Pennsylvania (link)
Dr. Wenzhe Ho, Director of Retrovirology, The Children's Hospital of Philadelphia (link)
