PowerOasis gets backing from business angels

Investment

PowerOasis Ltd, a specialist in providing renewable power for wireless communications networks, has secured funding from three of the UK’s leading business angels, David Norwood, Jon Craton and David Embleton.

Norwood was founder of the quoted technology commercialisation firm IP Group Plc, while Craton and Embleton co-founded the telecoms service provider Cramer Systems, a specialist in inventory management and automation software.

Nick Smailes, Director of PowerOasis, said, ““We are delighted to have such successful and experienced investors involved in PowerOasis. Their involvement further enhances the company’’s mission to enable communication in all regions of the world with reliable renewable power.”

PowerOasis’ technology manages and controls the delivery of renewable power to telecommunications base transceiver stations. The company is one of five high-tech start-ups to receive business support through FASTtrack, a UK Trade & Investment–funded programme.