Oxford PVTM – The Perovskite CompanyTM is the pioneer and technology leader in the field of perovskite solar cells.

The company was established in 2010, as a spin-out from the University of Oxford. Today, we have the largest team globally, exclusively focused on developing and commercialising a perovskite based solar technology. We have a research and development site in Oxford, UK and an industrial pilot line near Berlin, Germany enabling the accelerated transfer of our technology into industrial scale silicon solar cell production. 

Our perovskite solar cell technology will allow silicon solar cell and module manufacturers to break through their performance barrier. Significantly improving the performance of silicon photovoltaics, will allow cost reductions, that transform the economics and accelerate the growth of solar energy generation globally. Oxford PV will licence its first commercial product to select manufacturing partners.

Our team

Our expert teams in the UK and Germany are focused on the development and commercialisation of our perovskite-based photovoltaic technology.

Our leadership team
Frank P. Averdung
Frank P. Averdung
Chief Executive Officer

Frank P. Averdung

Frank P. Averdung joined Oxford PV as Chief Executive Officer in July 2015. He has over 30 years of experience in the Semiconductor industry in leading technology driven organisations, from small startups to large organisations with more than 1000 employees.

Prior to joining Oxford PV Frank was President and CEO of SUSS MicroTec AG, a German manufacturer of semiconductor equipment with up to 250 mio US$ of sales. Under his leadership the company became listed in the "TecDAX", the stock market index for the top 30 publicly traded technology companies in Germany.

Having an engineering background (holding the equivalent of a master’s degree in Electrical Engineering from the Technical University Aachen, Germany) Frank spent the first 10 years of his career with semiconductor device companies like Siemens, National Semiconductors and ITT Semiconductors. During this time he held several sales and marketing roles from Key Account Manager, Product Manager to Marketing Director.

In 1995 Frank moved to the equipment side of the semiconductor industry and General Manager at Applied Materials and Managing Director of Etec Systems Europe.

As CEO of the startup "NawoTec GmbH" he led the successful development and market introduction of semiconductor manufacturing equipment utilising a breakthrough proprietary technology. He sold the company to the German conglomerate Carl Zeiss AG where he became CEO of the enlarged Business Unit and later President and CEO of Carl Zeiss' US Operations based in Massachusetts.

Frank has a proven track record in enhancing companies' values equally by acquiring and divesting businesses and technologies.

Henry Snaith
Prof Henry Snaith
Co-Founder & Chief Scientific Officer

Prof Henry Snaith

In December 2010, Professor Henry Snaith co-founded Oxford Photovoltaics to commercialise the solar technology transferred from his laboratory at the University of Oxford.

Henry undertook his PhD in organic photovoltaics at the University of Cambridge. Following his PhD, he spent two years at the École Polytechnique Fédérale de Lausanne (EPFL) as a post-doc, where his research focused on developing the technology behind and understanding of the operation of solid-state dye-sensitized solar cells.

In 2012, Henry was awarded the Paterson medal and prize by the Institute of Physics for his important contributions to the field of excitonic solar cells. The following year his discovery of high efficiency metal halide perovskite photovoltaics was recognised as one of the top breakthroughs of 2013 by Science.

In 2013, Nature named Henry for its list of ten people who mattered, in recognition of his work on next generation solar power technology and was one of the youngest ever elected Fellow of The Royal Society in 2015. In 2017, he was named a Clarivate Citation Laureate and in 2018 he received the UK Blavatnik Awards Laureate in physical sciences.  

In addition to his role as Chief Scientific Officer at Oxford PV today, Henry also leads the Photovoltaics and Optoelectronics Device Group at the University of Oxford.

Chris Case
Dr Chris Case
Chief Technology Officer

Dr Chris Case

Dr Chris Case joined Oxford PV in April 2014.

Chris brings a strong track record of senior technology management to the business. Since 2009, he has been running his own consultancy providing high level strategic technology commercialisation advice to global companies and small companies alike, including Voltaix Llc; recently acquired by Air Liquide, and Surrey NanoSystems.

Prior to this, he spent ten years with BOC Edwards and The BOC Group, latterly part of the Linde Group where he was Chief Technology/Scientific Officer, responsible for driving global technology strategy and R&D for the €8 billion business.

Chris has a strong scientific background in patents and IP management, and is passionate about realising their commercial value. His experience spans markets across the world including the US and he has worked for a number of companies – from large corporates to small start-ups - to help manage their IP portfolios, broaden their scope of influence and build successful and profitable businesses.

As well as being extensively published in international press and periodicals, Chris is also a regular speaker and lecturer on integrated circuits and photovoltaics, and chaired the interconnect team of the International Technology Roadmap for Semiconductors (ITRS) for more than 10 years.

He began his career as Assistant Professor of Engineering at Brown University followed by 10 years at AT&T Bell Laboratories. He was a Fulbright-Hays scholar at the Université de Bordeaux, and holds a ScM in engineering and a PhD in materials science from Brown University.

Frank P. Averdung

Frank P. Averdung joined Oxford PV as Chief Executive Officer in July 2015. He has over 30 years of experience in the Semiconductor industry in leading technology driven organisations, from small startups to large organisations with more than 1000 employees.

Prior to joining Oxford PV Frank was President and CEO of SUSS MicroTec AG, a German manufacturer of semiconductor equipment with up to 250 mio US$ of sales. Under his leadership the company became listed in the "TecDAX", the stock market index for the top 30 publicly traded technology companies in Germany.

Having an engineering background (holding the equivalent of a master’s degree in Electrical Engineering from the Technical University Aachen, Germany) Frank spent the first 10 years of his career with semiconductor device companies like Siemens, National Semiconductors and ITT Semiconductors. During this time he held several sales and marketing roles from Key Account Manager, Product Manager to Marketing Director.

In 1995 Frank moved to the equipment side of the semiconductor industry and General Manager at Applied Materials and Managing Director of Etec Systems Europe.

As CEO of the startup "NawoTec GmbH" he led the successful development and market introduction of semiconductor manufacturing equipment utilising a breakthrough proprietary technology. He sold the company to the German conglomerate Carl Zeiss AG where he became CEO of the enlarged Business Unit and later President and CEO of Carl Zeiss' US Operations based in Massachusetts.

Frank has a proven track record in enhancing companies' values equally by acquiring and divesting businesses and technologies.

Prof Henry Snaith

In December 2010, Professor Henry Snaith co-founded Oxford Photovoltaics to commercialise the solar technology transferred from his laboratory at the University of Oxford.

Henry undertook his PhD in organic photovoltaics at the University of Cambridge. Following his PhD, he spent two years at the École Polytechnique Fédérale de Lausanne (EPFL) as a post-doc, where his research focused on developing the technology behind and understanding of the operation of solid-state dye-sensitized solar cells.

In 2012, Henry was awarded the Paterson medal and prize by the Institute of Physics for his important contributions to the field of excitonic solar cells. The following year his discovery of high efficiency metal halide perovskite photovoltaics was recognised as one of the top breakthroughs of 2013 by Science.

In 2013, Nature named Henry for its list of ten people who mattered, in recognition of his work on next generation solar power technology and was one of the youngest ever elected Fellow of The Royal Society in 2015. In 2017, he was named a Clarivate Citation Laureate and in 2018 he received the UK Blavatnik Awards Laureate in physical sciences.  

In addition to his role as Chief Scientific Officer at Oxford PV today, Henry also leads the Photovoltaics and Optoelectronics Device Group at the University of Oxford.

Dr Chris Case

Dr Chris Case joined Oxford PV in April 2014.

Chris brings a strong track record of senior technology management to the business. Since 2009, he has been running his own consultancy providing high level strategic technology commercialisation advice to global companies and small companies alike, including Voltaix Llc; recently acquired by Air Liquide, and Surrey NanoSystems.

Prior to this, he spent ten years with BOC Edwards and The BOC Group, latterly part of the Linde Group where he was Chief Technology/Scientific Officer, responsible for driving global technology strategy and R&D for the €8 billion business.

Chris has a strong scientific background in patents and IP management, and is passionate about realising their commercial value. His experience spans markets across the world including the US and he has worked for a number of companies – from large corporates to small start-ups - to help manage their IP portfolios, broaden their scope of influence and build successful and profitable businesses.

As well as being extensively published in international press and periodicals, Chris is also a regular speaker and lecturer on integrated circuits and photovoltaics, and chaired the interconnect team of the International Technology Roadmap for Semiconductors (ITRS) for more than 10 years.

He began his career as Assistant Professor of Engineering at Brown University followed by 10 years at AT&T Bell Laboratories. He was a Fulbright-Hays scholar at the Université de Bordeaux, and holds a ScM in engineering and a PhD in materials science from Brown University.

Alain Blosse
Dr Alain Blosse
VP Research & Development

Dr Alain Blosse

Dr Alain Blosse joined Oxford PV in March 2017 as Vice President of Research and Development.

Alain has over 30 years’ experience in the fields of semiconductor devices, process technology and advanced solar technologies.

Prior to joining Oxford PV, Alain was Senior Vice President of Research and Development at Scifiniti, where he developed low cost kerfless silicon wafers for the solar industry. Before that, Alain was the Senior Director of Engineering where he developed a low cost and highly efficient solar cell.

Alain has an established track record of transferring technology from Research & Development to high volume manufacturing, this has included; high density static RAM memories at Cypress semiconductor, NAND flash memories at Intel Corp and high efficiency solar cells at Calisolar. Alain led the Intel/Micron integration development team on deep submicron NAND flash gate technology and was the key technical leader at Clean Power Innovation Inc. for the development of an innovative silicon based anode for high performance lithium-ion battery.

Alain has an Engineering Degree in Electronic and Computer Sciences from a top institute in France and a PhD in Solid State Physics from Lille University in France. Additionally, Alain holds 26 U.S. patents related to solar, semiconductor processes, and non-volatile memory applications.

Michael Rowley
Michael Rowley
Chief Financial Officer

Michael Rowley

Michael Rowley joined Oxford PV as Chief Financial Officer in August 2017.

For the past 21 years, Michael has been living and working in the USA, latterly as Senior Vice President of Healogics Inc., a health care company based in Florida, whose services Michael extended to the UK.

A former international consultant with Price Waterhouse Coopers, Michael has served as Chief Financial Officer with several public and private companies including Hickson International PLC, Parkland Group PLC, Harris Specialty Chemicals LLC, HCI Direct LLC, and Diversified Therapy LLC.

Dr Alain Blosse

Dr Alain Blosse joined Oxford PV in March 2017 as Vice President of Research and Development.

Alain has over 30 years’ experience in the fields of semiconductor devices, process technology and advanced solar technologies.

Prior to joining Oxford PV, Alain was Senior Vice President of Research and Development at Scifiniti, where he developed low cost kerfless silicon wafers for the solar industry. Before that, Alain was the Senior Director of Engineering where he developed a low cost and highly efficient solar cell.

Alain has an established track record of transferring technology from Research & Development to high volume manufacturing, this has included; high density static RAM memories at Cypress semiconductor, NAND flash memories at Intel Corp and high efficiency solar cells at Calisolar. Alain led the Intel/Micron integration development team on deep submicron NAND flash gate technology and was the key technical leader at Clean Power Innovation Inc. for the development of an innovative silicon based anode for high performance lithium-ion battery.

Alain has an Engineering Degree in Electronic and Computer Sciences from a top institute in France and a PhD in Solid State Physics from Lille University in France. Additionally, Alain holds 26 U.S. patents related to solar, semiconductor processes, and non-volatile memory applications.

Michael Rowley

Michael Rowley joined Oxford PV as Chief Financial Officer in August 2017.

For the past 21 years, Michael has been living and working in the USA, latterly as Senior Vice President of Healogics Inc., a health care company based in Florida, whose services Michael extended to the UK.

A former international consultant with Price Waterhouse Coopers, Michael has served as Chief Financial Officer with several public and private companies including Hickson International PLC, Parkland Group PLC, Harris Specialty Chemicals LLC, HCI Direct LLC, and Diversified Therapy LLC.

Our board
Christian Langen
Christian Langen
Chairperson

Christian Langen

Christian Langen was appointed Chairperson of the Board in October 2018. He first joined the Oxford PV board as a non-executive director and industry expert in July 2015.

Following his Master degree in International Management, Finance and Production Management from Otto Beisheim School of Management (WHU) in Germany, Christian founded and grew several businesses in Germany and Australia. He gained more than a decade of executive experience in the international Solar power industry. Among other roles, Christian led the largest business division of solar electronics company SMA Solar Technology AG. As Division CEO, he was responsible for a profitable business with more than $1 bn in annual revenue, generated by 2500 people in 20 countries. Christian also served several years on the board of the European solar industry association EPIA (now Solar Power Europe).

Today, Christian supports management teams of several innovative solar companies around the globe in defining and implementing their growth and internationalisation strategy.

Frank P. Averdung
Frank P. Averdung
Chief Executive Officer

Frank P. Averdung

Frank P. Averdung joined Oxford PV as Chief Executive Officer in July 2015. He has over 30 years of experience in the Semiconductor industry in leading technology driven organisations, from small startups to large organisations with more than 1000 employees.

Prior to joining Oxford PV Frank was President and CEO of SUSS MicroTec AG, a German manufacturer of semiconductor equipment with up to 250 mio US$ of sales. Under his leadership the company became listed in the "TecDAX", the stock market index for the top 30 publicly traded technology companies in Germany.

Having an engineering background (holding the equivalent of a master’s degree in Electrical Engineering from the Technical University Aachen, Germany) Frank spent the first 10 years of his career with semiconductor device companies like Siemens, National Semiconductors and ITT Semiconductors. During this time he held several sales and marketing roles from Key Account Manager, Product Manager to Marketing Director.

In 1995 Frank moved to the equipment side of the semiconductor industry and General Manager at Applied Materials and Managing Director of Etec Systems Europe.

As CEO of the startup "NawoTec GmbH" he led the successful development and market introduction of semiconductor manufacturing equipment utilising a breakthrough proprietary technology. He sold the company to the German conglomerate Carl Zeiss AG where he became CEO of the enlarged Business Unit and later President and CEO of Carl Zeiss' US Operations based in Massachusetts.

Frank has a proven track record in enhancing companies' values equally by acquiring and divesting businesses and technologies.

Prof Henry Snaith
Prof Henry Snaith
Co-Founder & Chief Scientific Officer

Prof Henry Snaith

In December 2010, Professor Henry Snaith co-founded Oxford Photovoltaics to commercialise the solar technology transferred from his laboratory at the University of Oxford.

Henry undertook his PhD in organic photovoltaics at the University of Cambridge. Following his PhD, he spent two years at the École Polytechnique Fédérale de Lausanne (EPFL) as a post-doc, where his research focused on developing the technology behind and understanding of the operation of solid-state dye-sensitized solar cells.

In 2012, Henry was awarded the Paterson medal and prize by the Institute of Physics for his important contributions to the field of excitonic solar cells. The following year his discovery of high efficiency metal halide perovskite photovoltaics was recognised as one of the top breakthroughs of 2013 by Science.

In 2013, Nature named Henry for its list of ten people who mattered, in recognition of his work on next generation solar power technology and was one of the youngest ever elected Fellow of The Royal Society in 2015. In 2017, he was named a Clarivate Citation Laureate and in 2018 he received the UK Blavatnik Awards Laureate in physical sciences.  

In addition to his role as Chief Scientific Officer at Oxford PV today, Henry also leads the Photovoltaics and Optoelectronics Device Group at the University of Oxford.

Christian Langen

Christian Langen was appointed Chairperson of the Board in October 2018. He first joined the Oxford PV board as a non-executive director and industry expert in July 2015.

Following his Master degree in International Management, Finance and Production Management from Otto Beisheim School of Management (WHU) in Germany, Christian founded and grew several businesses in Germany and Australia. He gained more than a decade of executive experience in the international Solar power industry. Among other roles, Christian led the largest business division of solar electronics company SMA Solar Technology AG. As Division CEO, he was responsible for a profitable business with more than $1 bn in annual revenue, generated by 2500 people in 20 countries. Christian also served several years on the board of the European solar industry association EPIA (now Solar Power Europe).

Today, Christian supports management teams of several innovative solar companies around the globe in defining and implementing their growth and internationalisation strategy.

Frank P. Averdung

Frank P. Averdung joined Oxford PV as Chief Executive Officer in July 2015. He has over 30 years of experience in the Semiconductor industry in leading technology driven organisations, from small startups to large organisations with more than 1000 employees.

Prior to joining Oxford PV Frank was President and CEO of SUSS MicroTec AG, a German manufacturer of semiconductor equipment with up to 250 mio US$ of sales. Under his leadership the company became listed in the "TecDAX", the stock market index for the top 30 publicly traded technology companies in Germany.

Having an engineering background (holding the equivalent of a master’s degree in Electrical Engineering from the Technical University Aachen, Germany) Frank spent the first 10 years of his career with semiconductor device companies like Siemens, National Semiconductors and ITT Semiconductors. During this time he held several sales and marketing roles from Key Account Manager, Product Manager to Marketing Director.

In 1995 Frank moved to the equipment side of the semiconductor industry and General Manager at Applied Materials and Managing Director of Etec Systems Europe.

As CEO of the startup "NawoTec GmbH" he led the successful development and market introduction of semiconductor manufacturing equipment utilising a breakthrough proprietary technology. He sold the company to the German conglomerate Carl Zeiss AG where he became CEO of the enlarged Business Unit and later President and CEO of Carl Zeiss' US Operations based in Massachusetts.

Frank has a proven track record in enhancing companies' values equally by acquiring and divesting businesses and technologies.

Prof Henry Snaith

In December 2010, Professor Henry Snaith co-founded Oxford Photovoltaics to commercialise the solar technology transferred from his laboratory at the University of Oxford.

Henry undertook his PhD in organic photovoltaics at the University of Cambridge. Following his PhD, he spent two years at the École Polytechnique Fédérale de Lausanne (EPFL) as a post-doc, where his research focused on developing the technology behind and understanding of the operation of solid-state dye-sensitized solar cells.

In 2012, Henry was awarded the Paterson medal and prize by the Institute of Physics for his important contributions to the field of excitonic solar cells. The following year his discovery of high efficiency metal halide perovskite photovoltaics was recognised as one of the top breakthroughs of 2013 by Science.

In 2013, Nature named Henry for its list of ten people who mattered, in recognition of his work on next generation solar power technology and was one of the youngest ever elected Fellow of The Royal Society in 2015. In 2017, he was named a Clarivate Citation Laureate and in 2018 he received the UK Blavatnik Awards Laureate in physical sciences.  

In addition to his role as Chief Scientific Officer at Oxford PV today, Henry also leads the Photovoltaics and Optoelectronics Device Group at the University of Oxford.

Dr Pierre J. Verlinden
Dr Pierre J. Verlinden
Non-executive Director

Dr Pierre J. Verlinden

Dr Pierre J. Verlinden is Managing Director of AMROCK, a PV technology consulting company, and visiting Professor at Sun Yat-Sen University, Guangzhou, China. Pierre has been working in the field of photovoltaics for 40 years and has published over 200 technical papers and contributed to a number of books.  

From 2012 to 2018, Pierre served as Chief Scientist, Vice-President and Vice-Chair of the State Key Laboratory of PV Science and Technology at Trina Solar, China, one of the world’s largest PV manufacturers. Prior to this, he managed the R&D department and served as Chief Scientist in several PV companies in the USA and Australia, including SunPower, Origin Energy and Solar Systems.

Pierre is the recipient of the 2016 William Cherry Award, awarded by the Institute of Electrical and Electronic Engineers (IEEE), one of the world's highest distinctions in PV research. The award recognises his dedication over the past three decades at the forefront of PV technology and commercialisation, leading technology advances including the interdigitated back contact cell, silicon and multijunction III-V CPV cells, and his overall leadership of key R&D organisations. Pierre is also the recipient of the 2017 Chinese Government Friendship Award, the highest award given by China to foreigners.

David Ward
David Ward
Investor Director

David Ward

David is a Managing Partner at MTI Ventures and leads the Cleantech & Materials Technology investment practice. Now heading MTI’s US operation in Boston, David joined the firm in 1999 and has extensive experience in originating and managing investments.

Prior to MTI he was CEO of a materials start-up and an executive director of two buy-out transactions (backed by Morgan Grenfell and Granville Baird).

After gaining a BA/MA in Materials Science from the University of Oxford, David started his corporate career at industrial materials group Cookson plc.

Simon Constantine
Simon Constantine
Investor Director

Simon Constantine

After completing an MA in Mathematics at the University of Oxford, Simon qualified as a chartered accountant with KPMG before co-leading the management buy-in and subsequent trade sale of Life Sciences International plc. He has extensive business management experience at board level in both private and public markets in the UK and the US.

Simon has served as a non-executive director of a number of venture capital and private equity-backed businesses and is currently chairman of Capstone Foster Care Limited and Northern Venture Trust plc, one of the longest established venture capital trusts. He is also currently a non-executive director of Bioquell PLC.

Dr Pierre J. Verlinden

Dr Pierre J. Verlinden is Managing Director of AMROCK, a PV technology consulting company, and visiting Professor at Sun Yat-Sen University, Guangzhou, China. Pierre has been working in the field of photovoltaics for 40 years and has published over 200 technical papers and contributed to a number of books.  

From 2012 to 2018, Pierre served as Chief Scientist, Vice-President and Vice-Chair of the State Key Laboratory of PV Science and Technology at Trina Solar, China, one of the world’s largest PV manufacturers. Prior to this, he managed the R&D department and served as Chief Scientist in several PV companies in the USA and Australia, including SunPower, Origin Energy and Solar Systems.

Pierre is the recipient of the 2016 William Cherry Award, awarded by the Institute of Electrical and Electronic Engineers (IEEE), one of the world's highest distinctions in PV research. The award recognises his dedication over the past three decades at the forefront of PV technology and commercialisation, leading technology advances including the interdigitated back contact cell, silicon and multijunction III-V CPV cells, and his overall leadership of key R&D organisations. Pierre is also the recipient of the 2017 Chinese Government Friendship Award, the highest award given by China to foreigners.

David Ward

David is a Managing Partner at MTI Ventures and leads the Cleantech & Materials Technology investment practice. Now heading MTI’s US operation in Boston, David joined the firm in 1999 and has extensive experience in originating and managing investments.

Prior to MTI he was CEO of a materials start-up and an executive director of two buy-out transactions (backed by Morgan Grenfell and Granville Baird).

After gaining a BA/MA in Materials Science from the University of Oxford, David started his corporate career at industrial materials group Cookson plc.

Simon Constantine

After completing an MA in Mathematics at the University of Oxford, Simon qualified as a chartered accountant with KPMG before co-leading the management buy-in and subsequent trade sale of Life Sciences International plc. He has extensive business management experience at board level in both private and public markets in the UK and the US.

Simon has served as a non-executive director of a number of venture capital and private equity-backed businesses and is currently chairman of Capstone Foster Care Limited and Northern Venture Trust plc, one of the longest established venture capital trusts. He is also currently a non-executive director of Bioquell PLC.

George Robinson
George Robinson
Investor Director

George Robinson

George is a Partner and co-Founder of Sloane Robinson LLP, an investment management business which invests in listed equities globally with a particular focus on Asian and Emerging Markets. Prior to that he worked for 15 years in Asia, initially for John Swire and Sons in Hong Kong, Korea and the Philippines, and then for Asian based stockbroker WI Carr in Korea, Thailand and Hong Kong where he was Director of Regional Research.

George is an active investor in early stage technology and biotech companies with a particular focus on Oxford spin- outs, and is a founding Partner of Technikos, a private equity partnership which invests in spin-out companies from the Oxford Institute of Biomedical Engineering. He is an investor in a number of Oxford based companies and a partner of Oxford Investments Consultants LLP which advises the Oxford Technology and Innovations EIS Fund.

He is an honorary fellow of Keble College, Oxford from where he graduated with an MA in Engineering Science, and is a member of Oxford University Endowment Investment Committee.

Michael Penington
Dr Michael Penington
Investor Director

Dr Michael Penington

Michael Penington, BSc, DPhil, is a co-founder and partner at Longwall Ventures LLP. He has a DPhil in Mathematics from the University of Oxford, where he was a Rhodes Scholar. He subsequently spent 16 years at Morgan Stanley as an investment banker, in the last few years advising private equity houses on leveraged buy-outs, IPOs and trade sales.

In 2001, he was asked to support the turnaround of a listed publishing company as Interim Finance Director. Michael subsequently invested in and worked on the turnaround of a small Australian public company in the security industry, eventually selling the business to a US buyer at a significant profit. He has also made a number of angel investments in early stage technology businesses in the UK.

Dr Penington predominantly focuses on security, media, and business software investments.

George Robinson

George is a Partner and co-Founder of Sloane Robinson LLP, an investment management business which invests in listed equities globally with a particular focus on Asian and Emerging Markets. Prior to that he worked for 15 years in Asia, initially for John Swire and Sons in Hong Kong, Korea and the Philippines, and then for Asian based stockbroker WI Carr in Korea, Thailand and Hong Kong where he was Director of Regional Research.

George is an active investor in early stage technology and biotech companies with a particular focus on Oxford spin- outs, and is a founding Partner of Technikos, a private equity partnership which invests in spin-out companies from the Oxford Institute of Biomedical Engineering. He is an investor in a number of Oxford based companies and a partner of Oxford Investments Consultants LLP which advises the Oxford Technology and Innovations EIS Fund.

He is an honorary fellow of Keble College, Oxford from where he graduated with an MA in Engineering Science, and is a member of Oxford University Endowment Investment Committee.

Dr Michael Penington

Michael Penington, BSc, DPhil, is a co-founder and partner at Longwall Ventures LLP. He has a DPhil in Mathematics from the University of Oxford, where he was a Rhodes Scholar. He subsequently spent 16 years at Morgan Stanley as an investment banker, in the last few years advising private equity houses on leveraged buy-outs, IPOs and trade sales.

In 2001, he was asked to support the turnaround of a listed publishing company as Interim Finance Director. Michael subsequently invested in and worked on the turnaround of a small Australian public company in the security industry, eventually selling the business to a US buyer at a significant profit. He has also made a number of angel investments in early stage technology businesses in the UK.

Dr Penington predominantly focuses on security, media, and business software investments.

Oxford PV pilot line