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David Dalvey

Managing General Partner at Brightstone Venture Capital

David F. Dalvey is an experienced corporate finance and venture capital professional, currently serving as an Independent Director at Celcuity, Inc. since February 2014. He is also the Managing General Partner at Brightstone Capital LLC, a venture capital management company he has led since 2000. Dalvey has over 30 years of experience in corporate finance and has been involved in more than 150 transactions, including public offerings and private financings.145

Dalvey's educational background includes a Bachelor of Science in Business/Management Economics and an MBA from the University of Minnesota's Carlson School of Management. His career highlights include serving on the boards of various companies, such as Bite Squad, AppTec Laboratory Services, and Definity Health Corp., among others.124

At Celcuity, a biotechnology firm focused on personalized medicine and cancer diagnostics, Dalvey plays a significant role in guiding the company's strategic decisions. His investment philosophy emphasizes the importance of the people behind a business, which has influenced his decision to invest in and support Celcuity since its early financing rounds.23

Highlights

Aug 23 · linkedin

BVC is glad to be a part of GROQ’s most recent equity raise and help this exciting young company pioneer new developments in the exploding A.I. computing industry. GROQ has designed, developed and is currently selling a new semiconductor architecture that has been tested to outperform NVIDIA’s highest performance processors. More specifically, GROQs new LPUs (language processing units) are designed for “inference” processing of LLMs large language models which we believe is the future of A.I. computing needs. Our investment in GROQ is not simply an investment in a fast growing new technology, but we believe this is an investment in a more efficient and productive A.I. future where the possibilities for technological advancement will dramatically expand due to this scaleable, efficient and more cost efficient platform. Will be exciting to watch GROQ grow.

Mar 13 · linkedin

This VC business can be dangerous …

Related Questions

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What are some of David Dalvey's most notable investments?
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David Dalvey
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Experience

Managing General Partner at Brightstone Venture Capital
Director at Celcuity (2013 - Present) Director at HomeSpotter (2013 - Present) Director at Bite Squad (2015 - 2017) Director at Blue Rock Advisors (2000 - 2016) Managing Partner at Mount Yale Venture at US Bank (1984 - 1987)

Education

MBA in Business, Finance, General from University of Minnesota - Carlson School of Management (1980 - 1981) BS in Business/Managerial Economics from Iowa State University (1976 - 1980)

Location

Minneapolis, Minnesota, United States