INVESTORS

An engineer by profession, Ian moved to Norfolk in 1988 working for the leading automotive engineering consultancy Lotus Engineering. In 1991, Ian moved to the Lotus Formula 1 Team and was soon promoted to Head of Research & Development. In this capacity, Ian led the development of the ground-breaking computer controlled Active Suspension system which the team raced in 1992 & 1993, with drivers such as Mika Hakkinen and Johnny Herbert. Following this Ian set up Equipmake, initially as a vehicle from his own engineering consultancy.

In 2007, Ian identified the importance of the move to electrification, and upon the introduction of hybrid systems in Formula 1, he began the development of an electric hybrid system based around a novel electrically driven carbon fibre flywheel. Spinning at up to 45,000 RPM the flywheel was effectively a very high-speed and high performance electric motor. The base technology had been developed by the nuclear centrifuge company Urenco Group. As it became clear that this technology would have applications in the mainstream, as well as Formula One, Ian spun the project out and formed a new company Automotive Hybrid Power (“AHP”), together with 2 ex-Urenco Group employees. This company acquired the patents and know-how for the technology. AHP contracted Williams Grand Prix Engineering Ltd (“WF1”) initially as a customer, then WF1 became an investor and the Company was renamed Williams Hybrid Power (“WHP”), with Ian as its CEO. WHP successfully developed the technology, winning the Le Mans 24 Hour race 3 times with the Works Audi racing team and the technology was commercialised as an energy storage system for buses. Following successful bus trials, significant orders were placed for the technology and as a result of this success, Williams F1 who were by now the majority shareholder, decided to exit, selling the business to the largest engineering company in the UK, GKN Automotive. Ian then focused on the development of EV technology at Equipmake.

Clive has significant automotive and clean technology industry experience, having previously held senior executive roles including CFO, COO and CEO at engineering technology company Prodrive Holdings Ltd. He is currently a non-executive Chairman at a number of high growth, technology companies in the clean energy and new mobility sectors, including full stack autonomous software developer Oxbotica and Hydrogen fuel cell developer Bramble Energy. Clive is also Non-Executive Chairman of the Vehicle Certification Agency.

Dena has over 20 years’ experience as a corporate finance adviser at distinguished investment banks including Rothschild, Merrill Lynch and Commerzbank.  She has advised both corporate clients and public sector entities on a broad range of transactions from multi-billion-pound public transactions to private financing for growth companies.  Her experience, spanning M&A, privatisations, debt and equity capital markets and private fundraising has covered, inter alia, transport & logistics, aerospace & defence, infrastructure and real estate.

Nicholas has extensive experience across the electrification and energy sectors and has held senior roles with prominent industry leading organisations including Sensata Technologies, Halliburton Energy Services, Cummins Power Generation and Inventus Power.  Based in the U.S., Nicholas is responsible for expansion across North America in his role as Chief Commercial and Transformation Officer, and he also provides key executive support and insights to the Board of Directors.  Nicholas is multi-lingual, with extensive experience leading change in US, Europe, China, India, Mexico, and Brazil.