A Cambridge start-up created out of a research group at the Department of Engineering has won a prestigious award.
We are delighted that 8power has been acknowledged as a leader in this field and would like to recognise the University of Cambridge researchers who invented the highly distinctive intellectual property that we are now using.Dr Antony Rix, CEO of 8power
8power, a company which develops smart sensors for industrial applications, received the Cambridge Graduate Business Award at the 28th annual Business Weekly Awards held at Queens’ College, Cambridge.
The company was co-founded by Ashwin Seshia, Professor in Microsystems Technology, who heads the Microelectromechanical systems (MEMS) group based in The Nanoscience Centre. 8Power’s technology has since been trialled on the Forth Road Bridge in Scotland in partnership with the Cambridge Centre for Smart Infrastructure and Construction (CSIC).
Hanadi Jabado of Cambridge Judge Business School, one of the Awards sponsors, said: “The Cambridge Graduate Business Award is for the most exciting start-up in any sector founded in the last 12 months and the science and technology presented for this prize shows how Cambridge remains ahead of the curve with its new generation of start-ups.
“8power is commercialising novel vibration energy harvesting technology developed by researchers from the University of Cambridge. The company recently raised around $1million investment. Target markets are self-powered wireless and Internet of Things (IoT) devices for sensing and measurement in industrial applications and major infrastructure projects.”
Alumnus Dr Antony Rix, CEO of 8power, collected the award on behalf of the team.
“We are delighted that 8power has been acknowledged as a leader in this field and would like to recognise the University of Cambridge researchers who invented the highly distinctive intellectual property that we are now using,” he said.
“We would also like to thank Business Weekly for organising the awards and the judges, supporters and sponsors who made it possible.
“The award reflects the strength and commitment of my co-founders and the 8power team developing this technology to power smart sensors. We are grateful for the continuing support of our investors: Cambridge Enterprise, the University of Cambridge Enterprise Funds and IP Group, as we grow the company to address this exciting market opportunity.”