With a background in physical sciences and a passion for business, Peter Bance has spent his career building high growth ventures and technology commercialisation, primarily in the cleantech sector.
With a background in physical sciences and a passion for business, Peter Bance has spent his career building high growth ventures and technology commercialisation, primarily in the cleantech sector. He is currently CEO of Origami Energy, a new business developing a technology platform for the intelligent management of large networks of energy assets. Peter was also Entrepreneur in Residence at Octopus Investments working with their venture capital team and renewable energy business. Over the years, Peter has also been non-executive director of a number of innovative technology businesses and sat on public-private organisations including the Energy Research Partnership and the Energy Technologies Institute.
Peter completed a science degree at the University of New Brunswick in Canada and then won a Rhodes Scholarship to Oxford University where he earned a Ph.D. in Physics and rowed in two University Boat Races against Cambridge. He moved to PA Consulting’s Product and Process Engineering practice where he worked with a range of international clients on product development, manufacturing process improvements and due diligence for private equity investments. After PA, he established and grew a successful corporate venturing practice at Generics Group in Cambridge (UK) focusing on venture creation, licensing, fundraising, business planning, and commercial negotiation. Peter then joined Ceres Power as CEO, leading the distributed generation company through a successful flotation on the AIM market of the London Stock Exchange.
Peter has also been non-executive director of a number of cleantech businesses and Board Observer of the Energy Technologies Institute. Most recently, Peter was Entrepreneur in Residence at Octopus Investments where he assisted with the growth of portfolio companies, helped assess new deals for prospective venture capital investments and advised on the firm’s energy investment strategy and renewables projects. He founded Origami Energy in 2013 with the vision of creating the marketplace for the distributed energy world.
Peter has a PhD in Physics from Oxford University and a BsC in Physics & Chemistry from the University of New Brunswick, Canada.