We report on the generation and experimental demonstration of intracavity type II sum-frequency generation (SFG) in a two chip InGaAs/GaAs vertical external cavity surface emitting laser cavity. The demonstrated two-chip cavity generates two orthogonally polarized, independently tunable, high-intensity intracavity lasing modes at different colors. Using a lithium triborate nonlinear crystal in the common collinear folded cavity region, high output power in the blue-green band is generated. Wavelength tuning with CW output powers in excess of 750 mW is demonstrated. By independent wavelength tuning of each fundamental color, tunable SFG output around 490 nm is reported.