2012 Tech Track 100
Rank: 18 Bowman Power
Its generators capture lost heat energy from engine exhaust flow
Entrepreneur Tony Davies had the idea behind this business when working in Japan in the 1990s. Southampton-based Bowman Power makes turbogenerators that capture heat expelled by engines, and convert it into usable power, improving their efficiency and green credentials. Almost all of its sales are to a handful of power generation companies in mainland Europe and Australia. Turnover has grown 117% a year, from £826,000 in 2008 to £8.4m in 2011, as the company has commercialised its intellectual property. Its venture capital backers include Octopus Ventures, WHEB Ventures and I2BF Global Ventures.
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Entrepreneur Tony Davies had the idea behind this business when working in Japan in the 1990s. Southampton-based Bowman Power makes turbogenerators that capture heat expelled by engines, and convert it into usable power, improving their efficiency and green credentials. Almost all of its sales are to a handful of power generation companies in mainland Europe and Australia. Turnover has grown 117% a year, from £826,000 in 2008 to £8.4m in 2011, as the company has commercialised its intellectual property. Its venture capital backers include Octopus Ventures, WHEB Ventures and I2BF Global Ventures.
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Company facts
Bowman Power
Electrical turbogenerator developer
Company website
| Sales growth | 116.99% pa |
| 2011 sales | £8.4m |
| 2008 sales | £0.8m |
| 2011 staff | 70 |
| Founded | 2004 |
| Location of HQ | Southampton |
| If applicable: * = annualised figures ‡ = draft accounts |
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