Chepstow, 11 July 2017 – Smart building technology company enModus raises £3m from three investors including shopping centre giant intu. Total funding to date amounts to £9m – £6m in seed investment since launch in 2010. Ambition to grow customer base worldwide with ground-breaking powerline communications technology
Board of Directors - Richard Thompson, Board Observer
Finance Wales representative from their Technology Venture Investments Team Investment, Equity investment specialist Richard Thompson has extensive experience of technology commercialisation, working with early-stage technology businesses and Universities. He works across all technology sectors. Richard focuses on building and developing long-term relationships from the earliest stages of investment and thrives on working with companies to take original and ambitious new technologies with commercial potential to market.
He has considerable new and follow-on investment experience and represents Finance Wales at board level in a number of companies in its technology portfolio. His recent investments include Q Chip (recently sold to MidaTech Pharma with a concurrent AIM listing raising £32m), WePredict, Creo Medical (winner of the UK Innovation award from the British Venture Capital Association), Acuitas Medical and Calon Cardio.
Richard managed the pan Wales University Spinout Programme for 5 years before moving across into Finance Wales’ technology venture investments team. Prior to joining Finance Wales in 2003 he was a Senior Consultant at the UKs leading construction sector consultants, BRE. He has also held a number of roles in research and development, commercialisation and manufacturing in Australia, the Netherlands and Wales.
He holds a PhD in Materials