Board of Directors
PowerGenix is well capitalized through private investment by six top-tier investment firms. Each of these firms is well established, has extensive experience in the energy space and has a history of success investing in new energy technologies.
The financial and directional support afforded by these companies enables PowerGenix to focus on business growth and enables aggressive new product introduction cycles, customer support, and marketing efforts.
The PowerGenix Board of Directors is made up of the following investor representatives:
- Dan Squiller of GT Advanced Technologies
Dan is Chairman of PowerGenix Board of Directors and was the CEO of the Company from 2003 to 2012. During his tenure as the CEO, PowerGenix introduced the first new rechargeable battery chemistry in 20 years. Before PowerGenix, he was the President of Invensys Power Components. Dan’s prior assignments include Indyme Electronics, St. Bernard Software and Scientific Atlanta. He has held functional roles in general management, operations, engineering, marketing, sales and business development with extensive experience establishing operations in Asia. He holds a BSEE and MA in Organizational Communication from Ohio University.
- Ira Ehrenpreis of Technology Partners
Ira Ehrenpreis is a General Partner with Technology Partners, leading its Cleantech investment practice. Technology Partners is a 23 year old venture capital firm that has managed more than $750 million of investment capital investing in more than 100 companies. The majority of investments are in early stage companies. The firm invests approximately half of its capital into Cleantech (Energy Technology, Water Technology, and Materials Science) companies and the other half into companies focused on the Life Sciences.
- Nancy Pfund of DBL Investors
Nancy E. Pfund is Founder and Managing Partner of DBL Investors, a San Francisco-based “double bottom line” venture capital firm whose goal is to combine top-tier financial returns with meaningful social, economic and environmental returns in the regions in which it invests. DBL currently manages two funds over $225M with investment focus in clean technology, information technology, healthcare including health and wellness, and sustainability-oriented products and services.
- Anil Tammineedi of Angeleno Group
Anil Tammineedi is a Principal at Angeleno Group and leads the firm’s investments across various sectors including smart transportation, energy efficiency and energy storage. Previously, he gained several years of operating experience at Broadcom, where he worked in product development and leadership roles related to semiconductors targeting communications, mobile and power management applications. Mr. Tammineedi’s prior investing experience includes his work at Applied Ventures, the corporate venture group of Applied Materials. Mr. Tammineedi holds an M.S. from Iowa State University and an M.B.A. from the UCLA Anderson School of Management, where he was a recipient of the Gloria Appel award for his contributions to the Entrepreneurship program. He is also a Kauffman Fellow.
- John J. Rockwell of DFJ Element
John has 18 years of experience investing in venture capital and developing companies commercializing applications of advanced materials. He has invested broadly across the CleanTech sectors with an emphasis on advanced materials, information technology and electronics. Prior to joining DFJ Element, John was a Partner at Advent International Corporation and managed the firm's California office.
- Jason Rottenberg of Arsenal Venture Partners
Jason is the Managing Director of Arsenal Venture Partners (AVP) the leading venture capital firm focused on the intersection of the commercial and defense markets. AVP, formerly MILCOM Venture Partners, manages multiple early-stage venture capital funds including Arsenal Venture Partners II, OnPoint Technologies, and MILCOM Technologies. AVP invests in companies across three primary sectors: communications and information technology, power and energy, and environmental and industrial technologies.
- Laird Q. Cagan of Blue Earth Inc.
He has 25 years of experience investing in and building high growth technology companies as well as 5 years in the investment banking industry with Goldman, Sachs & Co and Drexel Burnham Lambert in the M&A departments. He is a co-founder and Managing Director of Cagan McAfee Capital Partners, LLC (“CMCP”) a private investment firm he founded in 2002. CMCP portfolio companies have raised over $1 billion of equity capital with an additional $2 billion of other capital invested in those companies or their projects and has taken over 10 of those companies public. He is currently a director and founder of publicly-traded: Blue Earth (BBLU) and Calpian (CLPI); is a director of private companies: Trevi Systems, Applied Cavitation and EnSite Power; was founding Chairman of Evolution Petroleum (EPM), a founding director of Aemetis, Inc. (AMTX) and the predecessor to Camac Energy, Inc. (CAK). Mr. Cagan attended M.I.T. and received BS, MS and MBA degrees from Stanford University. He is a graduate of the inaugural class of the UCLA Director’s Training Program. He is the founding Chairman of the SF Bay chapter of the Young Presidents’ Organization, past Chairman of the San Francisco chapter of the World Presidents’ Organization and a former member of the Stanford University Athletic Board.