8power is delighted to announce the appointment of Richard Green as Chairman of the Board of Directors with immediate effect.
Richard is a serial entrepreneur, non-executive director and business mentor. He was co-founder and CEO of Ubisense, the award winning Industrial Internet of Things pioneer. Under Richard’s leadership Ubisense listed on the London Stock Exchange in 2011. Richard is a Chartered Engineer, a Fellow of the Institution of Mechanical Engineers, and was the winner of the Ernst & Young Entrepreneur of the Year 2010 in the Science and Technology category.
Prior to Ubisense, Richard co-founded Smallworld, an enterprise geospatial software company which listed on Nasdaq in 1996 and was acquired by GE in 2000. Richard is engaged with several early stage companies as a mentor, angel investor and non-executive director principally in the location, industrial IoT, and mobility sectors.
Richard commented “I am thrilled to join 8power at this tremendously exciting stage in its development. We have hit a real sweet spot of opportunity. Based on many years of leading research and development led by Prof. Ashwin Seshia at the University of Cambridge, the IP represents a step change in energy harvesting performance, as much as ten times existing solutions. We have a great team with lots of experience and energy to tap into a huge addressable market, backed by leading investors, IP Group and Cambridge Enterprise – a great combination.”
Welcoming Mr Green to the Board, Dr Antony Rix, 8power CEO said “We are very pleased that Richard has joined our team. He brings a wealth of valuable experience in how to grow and scale industrial IoT companies with emerging technology in global markets. I look forward to working with Richard to secure further investment in 8power and to address exciting new markets.”