Nuvest Ventures

Nuvest Ventures LLC is a Newport Beach, California-based hybrid venture and private equity firm and financing advisory boutique founded in 2003 by Managing Partner and Founder Richard Cowan, an honors graduate of Harvard College with an MBA from Harvard Business School. The firm pairs principal investing with capital raising, M&A advisory, analytical research, financial restructuring, turnaround consulting, and investor-relations advisory work, supporting clients across the lifecycle from formation through exit. The investment thesis focuses on partnering with entrepreneurs determined to transform a great idea into an exceptional business, with particular interest in B2C e-commerce brands and disruptive technologies including clean and renewable energy. Nuvest has made three disclosed direct investments and one acquisition. The firm acquired Lucky Tackle Box, a subscription fishing-tackle service, in July 2019, which now operates as a Nuvest subsidiary. Additional disclosed investments include iGlass Technology and LVX System, a LiFi-based visible light communication company that received a Seed investment in July 2020 — the firm's most recent publicly recorded deal. Activity has been quiet since 2020 and the Newport Beach office has been listed as closed as of early 2026, suggesting the business has moved into asset-management or wind-down mode. The firm's tagline — 'We Help Entrepreneurs Climb the Highest Mountains' — captures its hands-on advisory posture. While Nuvest's public investment footprint is limited, its combination of operating expertise, Harvard-trained analytical rigor, and advisory capabilities has made it a resource for entrepreneurs in the Southern California market navigating early-stage capital formation.