• Bowman Power Group

  Participated · Equity · Feb 2014

  Bowman Power, founded in 2004 and based in Southampton, UK, designs, develops and manufactures waste heat recovery systems for large reciprocating engines. Its product line includes an expanding range of turbo generators for large diesel engines, serving both the power generation and heavy vehicles sectors. The company serves an international customer base via six distributors worldwide. In February 2014 Bowman raised £3m (approximately US$5.0m) in funding, with participation from existing shareholders Octopus Investments, Fjord Capital and a number of angel investors; CEO Dr Toby King also invested. The company intends to use the funds for global expansion—targeting markets such as Brazil, India and Indonesia—and for development of new products. Bowman Power is a Southampton, UK-based developer of a turbogenerator that recovers waste heat from diesel and gas-fuelled engines to boost power and efficiency while reducing emissions. The turbogenerator is positioned for both power generation and transport applications. The company recently signed a contract to supply 2,000 production turbogenerators over four years to two German partners, Schnell and Burkhardt. Bowman also holds development contracts with six vehicle OEMs in the transport sector. The company received a £1.83m investment from Octopus Ventures, which the article says will allow it to execute its growth plans. The article does not disclose revenue, user metrics, or prior funding rounds.

• BioGasol

  Led · Equity · Nov 2012

  BioGasol develops and licenses the Carbofrac® series of commercial-scale pretreatment reactors for cost-efficient conversion of lignocellulosic materials (e.g., agricultural waste and wood) into fuel and other oil-based replacements. The company was founded in January 2006 as a spinout from the Technical University of Denmark and has demonstrated up-scaled pilot and demonstration plants since 2006. BioGasol has more than 30 employees and a sister company, C5 Labs ApS, that has developed proprietary pentose/hexose co‑fermentation technology. Management says the reactor forms the first essential pre-treatment stage in production lines and that the technology has been well received by industry. The company plans to build a large-scale testing and production demonstration facility in Denmark, with first-phase construction beginning in early 2013 and co-financing from industrial partners. The new funding will support capacity expansion to serve a growing customer base, including strategic North American partner SweetWater Energy.

No current team members are available.