ROTTERDAM, N.Y.--(BUSINESS WIRE)--Cleantech company Ener-G-Rotors announced today that Mark Austin, U.S.-based Venture Partner for Bright Capital, has joined Ener-G-Rotors’ Board of Directors. Mr. Austin has been a Venture Partner with Bright Capital since 2011, where he focuses primarily on the energy and cleantech sectors, providing leadership and support to develop the U.S. pipeline, due diligence, investment review, portfolio company strategy and board advisory, and CEO mentorship. Mr. Austin also provides co-investor and strategic partner relations, LP support, thought leadership, and investment theme assessment for Bright Capital.
“Having known Mark for years now, we look forward to sharing in his experience and business savvy as Ener-G-Rotors takes the next steps to commercialization.”
“We are delighted to have Mark join us,” said Michael Newell, CEO of Ener-G-Rotors. “Having known Mark for years now, we look forward to sharing in his experience and business savvy as Ener-G-Rotors takes the next steps to commercialization.”
Prior to his work with Bright Capital, Mr. Austin has been an accomplished leader, strategic growth advisor, and serial entrepreneur in electro-optics, medical devices and advanced materials. As a strategic growth advisor, he applied his knowledge of finance, intellectual property, technology commercialization, business development, and strategy to advise CEOs of tech-based ventures and growth companies across a wide range of industries in energy, efficiency, industrial biotech/biofuels, cleantech and nanotechnologies. Mark Austin is a graduate of Williams College.
Ener-G-Rotors is commercializing industrial appliances that turns low-temperature heat into electricity, opening up new markets in industrial waste heat and changing the technology landscape for biogas, biomass, combined heat and power, solar thermal, and geothermal installations. The company is widely recognized as a pioneer for its efficiency in the conversion of low-temperature waste heat into electricity, and it has received awards at seven clean-energy forums around the country in the last three years. See www.ener-g-rotors.com.
Bright Capital is an independent venture capital firm that invests globally in a wide range of promising companies. Its investments are made across multiple product types in energy and resource efficiency, clean technology, industrial biotech. The firm works as a merchant venturing entity in a multi-corporate model, building bridges between US, EMENA & South Eastern Asia. In addition to financial investments and managerial expertise, Bright Capital provides its portfolio companies with direct access to the markets of Russia and CIS through its network of connections to industrial companies. For additional info visit www.bright-capital.com.