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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