# Andrew Adamovich

> Andrew Adamovich is the founder, former CEO, Managing Director, Australia, and a board member of AdvanCell. Based in Sydney, he previously founded Riverland Capital and led China-focused investments. His career began at Peregrine Investments in Hong Kong in 1997, following a Bachelor of Arts at the University of California, Berkeley. He led AdvanCell through its early development and a design collaboration with Design + Industry before Philina Lee became CEO in January 2026.

- **Role:** Founder & Managing Director, Australia, and Board member at AdvanCell
- **Organizations:** AdvanCell, Riverland Capital, CGI Glass Lewis, G2 Therapies, Yuan Chuan Radio, Hostworks Group, Ambition Group, Equity Partners Asia, Zurich Centre Group, Peregrine Investments
- **Education:** Bachelor of Arts, University of California, Berkeley, Phillips Academy, Andover
- **Known for:** Founded AdvanCell in 2019 and led it as CEO before the January 2026 leadership transition., Led AdvanCell during its February 2025 US$112 million Series C announcement., Led the company during its generator design collaboration with Design + Industry, recognised in the 2022 Australian Good Design Award of the Year.

## Career timeline

- **1992–1997** — Studied at the University of California, Berkeley; earned a Bachelor of Arts.
- **1997** — Began his career at Peregrine Investments in Hong Kong.
- **2005** — Founded Riverland Capital, focusing on investment in China.
- **2011** — Served as an Ambition Group non-executive director and audit and remuneration committee member.
- **2019** — Founded AdvanCell.
- **2022** — AdvanCell and Design + Industry received the Australian Good Design Award of the Year for the generator.
- **2025-02** — AdvanCell announced a US$112 million Series C while he was CEO.
- **2026-01** — Continued as Managing Director, Australia, and board member as Philina Lee became CEO.

## Achievements

- Founded AdvanCell in 2019 and led it as CEO before the January 2026 leadership transition.
- Led AdvanCell during its February 2025 US$112 million Series C announcement.
- Led the company during its generator design collaboration with Design + Industry, recognised in the 2022 Australian Good Design Award of the Year.
- Founded Riverland Capital and led its China-focused investment activities.

## Latest updates

- **2026-07** — AdvanCell closed a US$315 million Series D financing led by Ally Bridge Group and co-led by Alpha Wave; this is a company milestone during his Australian managing directorship.
- **2026-06** — AdvanCell announced a lease for a 128,000-square-foot Andover facility intended for its US global headquarters and future manufacturing centre.
- **2026-01** — Philina Lee became CEO on January 1; Adamovich continued as Managing Director, Australia, and board member.

## Links

- Website: https://www.advancell.com.au/
- LinkedIn: https://www.linkedin.com/in/andrew-adamovich-38913b21/

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Profile page: https://yespress.io/andrew-adamovich
Published by YesPress — https://yespress.io
Last updated: 2026-10-15