Aqdot further strengthens its Board and Investor list as it scales
CAMBRIDGE, UK (Feb. 15, 2021) — Aqdot, a chemtech company focused on enabling cleaner air for everyone, everywhere with its AqFresh technology is pleased to announce the appointment of Russ Cummings as Chairman and Ian McKernan as Non-Executive Director, alongside Business Growth Fund and OP6 Innovation who join as investors.
Russ Cummings is an experienced Chairman, Non-Executive Director and Investor with successful 30-year track record with high growth businesses. He is an accomplished board member of both public and private companies with extensive experience as public company Chief Executive including raising capital and mergers and acquisitions. He is particularly focused on successfully commercialising ground breaking and sustainable innovation, with deep understanding of the practical challenges that come with bringing new technologies to market and the importance of people in this mix.
Ian McKernan is an experienced CEO, Chairman and Industrial Chemist. Following an early career with multinational chemicals group DSM Ian joined the family business, Molecular Products Ltd and pursued a strategy of international growth. As Group CEO, Ian orchestrated a number of acquisitions and drove a successful organic growth programme, setting up subsidiaries in the USA, China, India and Australia. Having established the Group as a world leader in critical air purification, it was successfully sold in 2016. Ian’s most recent venture has been the establishment of OP6 Innovation ltd, a business focused on supporting growth in ambitious SME’s.
Business Growth Fund (BGF) and OP6 Innovation join IP Group, Parkwalk, Cambridge Enterprise & Providence as investors in the Company.
Tim Wright, CEO said: “Following on from the recent announcement of our license & supply agreement with Elementis, successful scale-up of manufacture and with a number of other similar deals in the pipeline it is a great time for Russ and Ian to join our Board. We are also delighted to welcome BGF and OP6 Innovation as investors as we further strengthen our balance sheet for this exciting phase.”
Headquartered in Cambridge, England, Aqdot® is a supramolecular chemtech company with a focus on improving air quality through licensing and selling its AqFresh™ platform technology. AqFresh™ is a novel and versatile performance chemistry that has exceptional capability at capturing, holding and releasing materials. Effective dry or when formulated in liquids and coatings, this powerful chemistry is game-changing in a wide range of industries.
AqFresh™ has no hazard warning for human health or the environment and has achieved a Platinum Material Health Certificate (MHC) from the Cradle-to-Cradle Products Innovation Institute. AqFresh™ is a trademark of Aqdot Limited.
More information can be found at: https://aqdot.com/