Non-Executive Chair – Thermal Energy Storage
- Role: Non Executive Chair
- Location: E. Lothian, Scotland
- Sector: HVAC (Thermal Energy Storage)
Our client is a leading provider of thermal storage to homes, businesses and communities around the world.
The company’s cutting edge technology is proven to bring many benefits and it has become the provider of choice for leading housing associations and housebuilders, displacing more established incumbent HVAC products.
Led by a successful entrepreneur, the company benefits from an experienced leadership team and, with the launch of its new product, a significant pipeline of opportunities in the UK, continental Europe, Asia and North America. As such, the business is strongly poised for growth.
The current fundraising process will see the company close c£8m by the end of the year, bringing on key strategic investors which will support this exciting scale-up phase. The investment will be used to build a global sales and marketing capability, driving growth domestically and internationally, alongside the operational activities.
In support of the expansion plans and with a view to building value in the company towards an exit, a Non-Executive Chair is now sought. The successful candidate will have a track record in scaling international, early stage hardware companies. S/he will have led or played a leading role in a successful exit and ideally have an understanding of the global HVAC market.
For the right candidate there is an opportunity for equity participation and to share in the commercial success.
For more information, please contact Georgina Worden – georgina@upscalepartners.com