Investors Centre

Backed for Significant Growth

Smartkem is a global leader in the design, development and industrialisation of organic semiconductors for the electronic LED and LC display industries.

SmartKem has commercialised its proprietary semiconductor technology and is ideally positioned to capture a significant share of the projected market for material supply to the display industry supply chain as the sector moves inexorably towards mass production of this revolutionary new display product type.

SmartKem operates with complete focus on material synthesis, formulation and technology transfer for market-driven applications so maximising shareholder value via controlled capital expenditure.

SmartKems investment syndicate include BASF, Octopus, Finance Wales, Entrepreneurs Fund.

Board of Directors

Mustafa Ozgen, Chief Executive Officer

Mustafa Ozgen, Chief Executive Officer

Mustafa Ozgen is a Silicon Valley originated senior level technology executive with experiences in public and venture funded technology companies. He recently was the CEO of Boston based nanotechnology company QD Vision, Inc. which was acquired by Samsung Electronics to enable its QLED branded next generation television displays.

Ian Jenks, Chairman

Ian Jenks, Chairman

Ian has more than 30 years of Board-level experience in the Communications and Industrial Technology fields, both as an investor and as Chief Executive Officer of companies operating in the US and Europe. He is currently also Executive Chairman of Brady Plc, Senior Independent Director of Paysafe Group plc and a member of the board of  Econic Technology Limited, Nexeon Limited, Zeetta Ltd and Impression Technologies Limited. Ian previously served as the Executive Chairman and as Chief Executive Officer of Intune Networks Limited. He was formerly a director of the British Photovolatic Association and a partner of Crescendo Ventures LLP in Palo Alto, US. He was a non-executive Chairman of Oplink Communications Inc and President of Uniphase Inc.

Simon King

Simon King

Simon focuses on early stage deal flow, screening investment opportunities and performing preliminary due diligence at Octopus Ventures. Octopus Ventures is a London and New York based venture capital firm focused on identifying unusually talented entrepreneurs intent on building businesses that can scale explosively to create, transform or dominate an industry. Before joining Octopus, Simon was a research scientist investigating novel materials for photovoltaic applications at Imperial College London. Simon holds an MA and MSc in Physics and a Ph.D. in Molecular Electronics. He has an active interest in businesses focussing on EdTech, IoT and Machine Learning. Within the Octopus portfolio, Simon works closely with Surrey NanoSystems, Origami Energy, Trafi, WaveOptics and SmartKem.

Duncan Gray

Duncan Gray

Duncan is an observer at Board meetings where he represents the Development Bank of Wales. Duncan joined the Bank in 2017 and leads a team of investment executives who are focussed on investing in technology-rich companies with strong intellectual property. Duncan has worked in venture capital and private equity for over 18 years. He started with 3i plc and most recently was Investment Director for the Equity Fund at Finance Yorkshire.

Duncan studied Natural Sciences at Cambridge University and is a fellow of Institute of Chartered Accountants in England and Wales.

Klaas de Boer

Klaas de Boer

Klaas has about 20 years of venture capital experience, mainly in Europe, but also in North America and Israel. He is currently Managing Partner of Entrepreneurs Fund, which he joined in 2006. At Entrepreneurs Fund, Klaas’s responsibilities included inge GmbH (sold to BASF), Technolas Perfect Vision (sold to Bausch & Lomb), Prosonix Ltd (sold to Circassia), Lifeline Scientific Inc (sold to Genext), New Motion (sold to Shell) and Optinose (Nasdaq listing). In addition to SmartKem, he currently looks after General Fusion and vasopharm. Klaas started his career with McKinsey & Company in Amsterdam. From there he joined Vanenburg Group where he led the investment in WebEx. Klaas has an MSc in Applied Physics from Delft University of Technology, and an MBA from Insead.