8power, the pioneer of self-powered wireless sensors was awarded the prestigious Cambridge Graduate Business of the Year award at a gala dinner on 22 March 2017. The judges commented that they had been impressed by the rapid progress the company had made from University of Cambridge spin-out to established, revenue generating startup.
The company raised USD$1M funding in 2016 to commercialise vibration energy harvesting to power sensor systems in industrial and Internet of Things applications.
CEO Dr Antony Rix collected the award on behalf of the team. He said “we are delighted that 8power has been acknowledged as a leader in this field, and would like to recognise the University of Cambridge researchers who invented the highly distinctive intellectual property that we are now using. We would also like to thank Business Weekly for organising the awards, and the judges, supporters and sponsors who made it possible.”
“The award reflects the strength and commitment of my co-founders and the 8power team developing this technology to power smart sensors. We are grateful for the continuing support of our investors, Cambridge Enterprise, the University of Cambridge Enterprise Funds, and IP Group, as we grow the company to address this exciting market opportunity.”