Cryptocurrency Heavyweights Jehan Chu and David Drake Join Ambrosus Advisory Board

The advisors join as Harvard-alum Esther Amstad takes on the role of Lead Scientist

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Ambrosus, a trusted Blockchain-based ecosystem for the supply chain,has announced the addition of Jehan Chu, Managing Partner of cryptocurrency investment firm, Kenetic Capital and David Drake, Chairman at LDJ Capital to its advisory team.

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With an upcoming token sale commencing on September 13 2017, both Jehan and David will provide counsel on critical issues such as partnership and business development, marketing, and investor relations. This announcement comes as Esther Amstad, a Scientific Advisor to Ambrosus, takes the role of Lead Scientist.

Ambrosus Co-Founder and CEO, Angel Versetti, said:

“Ambrosus is extremely pleased to be bringing two of the industry’s most trusted and respected experts on board as Advisors: Jehan Chu and David Drake. Both are trailblazers in their fields and provide a wealth of industry experience and knowledge to the project. Both Jehan and David share our strong belief that emerging technologies have the power to overcome global supply chain challenges and transform the production, distribution and consumption of food, pharmaceuticals and other commodities.”

Founded in 2016 by Angel Versetti and Dr Stefan Meyer, Ambrosus claims to be world’s first publicly verifiable and community-driven system to assure the quality, safety, and origins of essential products, such as medicine, food and commodities. Combining high-tech sensors, Blockchain technology and smart contracts, Ambrosus brings transparency to the supply chain, aiming to overcome the current deficiencies and challenges of current global manufacturing and markets.

A managing partner at Kenetic Capital, a Blockchain and cryptocurrency investment firm based in Hong Kong, Chu founded the Ethereum Hong Kong Community, the Hyperledger Hong Kong Community and co-founded the Bitcoin Association of Hong Kong. He also serves as the co-Chairman of the Hong Kong Fintech Association Blockchain Committee, is a member of the Asia Fintech Angels Association, a Fellow of Singapore University of Social Sciences, a Gerson Lehrman Group (GLG) Council Member and Metta Curator for Blockchain.

Additionally, Jehan is an Advisor to Melonport, QTUM, Digix and OpenANX Projects, Vice Chairman of Para Site Art Space, Board Member of Design Trust, and Global Patrons Board of San Francisco Museum of Modern Art.

“I am delighted to join Ambrosus as a strategic advisor. The use of emerging technologies such as sensors, smart contracts and the Blockchain paired with groundbreaking scientific research makes this one of the most innovative projects in the space right now. I look forward to helping shape the milestones to come,” Jehan Chu added.

David Drake, through his family office LDJ Capital, has acted as GP and LP investors with his partners in fund-of-funds, realty funds, venture capital funds and hedge funds. David’s investments currently have over fifty global directors that maintain relations with institutions and family offices with $1.5 trillion in assets. An advocate of innovative investing in early-stage equity, including $100 million USD invested in Alibaba and Palantir, David has represented the US Commerce Department at the EU Commission in both Brussels and Rome as well as a speaker at the UK Parliament.

“I am proud to join the Ambrosus advisory board whose team has a stellar mix of scientific expertise, technical proficiency and strategic know-how. From starting with the global food ecosystem to now shaping the supply of pharmaceuticals, the future is bright for Ambrosus as it prepares to commence its upcoming token sale,” said David Drake, Partner at LDJ Capital.

A Tenure Track Assistant Professor, Esther Amstad heads the Soft Materials Laboratory at the Swiss Federal Institute of Technology, EPFL. A former Postdoctoral Researcher at the Harvard School of Engineering and Applied Sciences and holder of a PhD in Engineering from ETH Zurich, Esther joins Ambrosus as its Lead Scientist.

“Esther Amstad has already proven herself to be an invaluable advisor to the Ambrosus project. We are delighted to have her come on board as our Lead Scientist to formally continue her groundbreaking work in this field,” said Dr Stefan Meyer, Co-founder and CTO of Ambrosus.

The Ambrosus token sale will take place from September 13, 2017 until October 12, 2017.

For more information on Ambrosus, visit

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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