Bowman Power Group

company

About

Bowman’s ETC technology recovers waste energy from the exhaust of reciprocating gensets and converts it to grid quality electricity

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$6.70M
Industries
Energy,Fuel,Mechanical Engineering
Founded date
Jan 1, 2003
Number Of Employee
51 - 100
Operating Status
Active

Bowman Power Group’s Electric Turbo Compounding (ETC) technology recovers waste energy from the exhaust of reciprocating gensets and converts it to grid quality electricity.

Over 600 ETC systems deployed worldwide have generated in excess of 350GWh of free energy and saved over 100,000 tonnes of CO2. Cummins, Wärtsilä, Mitsubishi, Sewatama, Pacific Energy and Liebherr have all used Bowman’s award-winning ETC technology to improve genset efficiency; reducing fuel consumption or generating additional power. Bowman is supported by a number of leading investment companies, including Octopus Investments, Ombu Group, Fjord and BOOST&Co. The company is based in Southampton and employs 80 staff.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$6.70M £4.83M
Bowman Power Group has raised a total of $6.70M £4.83M in funding over 2 rounds. Their latest funding was raised on Feb 28, 2014 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 28, 2014 Series Unknown £3M 1 Detail
Nov 1, 2012 Series A $6.70M 1 Octopus Ventures Detail
Aug 9, 2010 Series Unknown £1.83M 1 Octopus Ventures Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Bowman Power Group is funded by 1 investors. Octopus Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Octopus Ventures Series Unknown