Eric setup Happiness Capital, the global venture capital arm of the Lee Kum Kee Group, established with a mission to create positive global impact and make the world a happier place.
Happiness Capital invests across the US, UK, Europe, Israel, Japan, Mainland China, and Hong Kong, supporting from seed to growth stage. Environment (both Earth and Space), Sustainable Food Systems, Health and Trust are the main investment areas. Happiness Capital is a Certified B Corp, which is not common among global Venture Capital firms.
Eric also serves as a member of the Policy Research Committee of Hong Kong’s Financial Services Development Council and is a board member of the Hong Kong Venture Capital and Private Equity Association.
Prior to joining the Lee Kum Kee Group, Eric co-founded AGENDA in 2000 and grew it to the largest independent digital marketing agency in Asia, which was acquired by WPP in 2008, after which he stayed on as Chief Client Officer (Asia Pacific) at WPP’s Wunderman network.
Eric’s first venture was an AI cancer diagnostic and treatment planning startup in the UK and US in 1994, which was acquired. He later joined Cap Gemini US as Director of e-Business (1997–2000), helping Fortune 500 companies innovate in the digital space.
In the early 1990s, Eric was an AI research scientist and a university lecturer in the UK.

Mark is a Managing Director at Happiness Capital, overseeing the firm’s investments and portfolio management. He brings extensive experience in investment, corporate finance, strategic planning, and the development of listed companies and startups. Before joining Happiness Capital, Mark was an Investment Director at Alphabet, a private equity firm of a Beijing-based financial institution with AUM exceeding US$1.4 billion. There, he managed investments and served as an investment committee member for venture capital funds. He also held senior roles focused on global investments and corporate finance at private equity firms and major multinational blue-chip conglomerates, including Galaxy Entertainment Group (27.HK), NWSI of New World Group (17.HK), and Dah Chong Hong (1828.HK), a member of CITIC (267.HK). He began his professional career in audit assurance and business advisory with PwC. Mark holds an MBA from the University of Birmingham and a B.A. (Hons) in Accountancy. He is a fellow member of the Association of Chartered Certified Accountants (FCCA) in UK and a Certified Public Accountant (CPA) in Hong Kong.

Josh is a VP in the Happiness Capital team, primarily focussing on teams based in Europe. Before joining Happiness Capital Josh began his career as an entrepreneur where he experienced the highs and lows of startup life at fintech company Calastone, which was successfully exited to Carlyle. He then joined UK payments unicorn, TrueLayer, where he led on global partnerships, market expansion, and new product development. Josh grew up in Oxford and attended the University of Cambridge where he received a M.A. in Human, Social, and Political Sciences. Outside of work, he loves the outdoors with hiking trips to the Himalayas and Kilimanjaro plus the Rome and Copenhagen Marathons under his belt. At home he is an aspiring plantsman with a growing portfolio of garden woodwork experiments.

Terrence is a Managing Director at Happiness Capital. He brings over two decades of venture capital, capital markets and corporate management experience. Previously, Terrence served as Managing Partner of DG Ventures, the venture capital arm of Digital Garage, a TSE-listed Japanese technology conglomerate. At DGV, Terrence invested globally in early-to-mid stage startups in various sectors including food, healthcare, consumer retail, industrials, and SaaS enterprise. Post investment, he worked closely with his portfolio startups to support their corporate strategy, business development, operations, fundraising and recruiting. He also served as their go-to-market advisor for Japan market entry including commercial partnerships, strategic alliances, operating subsidiary incorporations. Prior to DGV, Terrence launched Nippon Renewable Energy, a Japanese renewable energy startup that built 18 utility-scale solar power plants (303MW) supplying over 60,000 Japanese households with annual electricity needs. At NRE, Terrence led the Investment, Finance, HR and Office Administration teams. Terrence also launched the Japan office of Equis Funds Group, an Asia-based private equity fund and managed investments on behalf of Steel Partners Japan and Enso Capital in Tokyo / New York. Terrence started his career in New York City and worked in M&A IBD for Credit Suisse and Banc of America Merrill Lynch. Terrence holds a BA in East Asian Studies from Yale University. He is an avid tennis player and global traveler.