Stephen is an entrepreneurial director and CEO-level executive with experience in venture capital, high-growth business, and academia. A seasoned professional in venture development with experience in a wide range of industries, technologies, and geographies, Stephen has been involved in the creation of more than 30 high-tech companies. He leverages his expertise in disruptive business models to help clients use a systems-based approach to new venture creation at Mach49.
Stephen started his career in the UK, where he created ventures as spinouts in the corporate sector, establishing globally dominant companies. Following that, he was the founder and CEO of Powerhouse Ventures Limited, an investment company that developed, incubated, and funded spinout companies from universities. Those ventures came from a wide range of technology sectors, including life science, clean technologies, digital, and robotics. Stephen led Powerhouse through to a first-of-kind listing on the Australian stock exchange. During this time, Stephen served on the board of many of the portfolio companies, raising capital, supporting high-growth strategy development and execution, and achieving several exits via IPO and trade sale transactions.
Prior to embarking on his entrepreneurial journey, Stephen completed a PhD in machine learning and robotics at the University of Canterbury, New Zealand. He then pursued postdoctoral research in modern control theory at the University of Bath, UK. Stephen is currently enrolled in a second PhD at Cass Business School in London, investigating how business models can be used to deal with complexity and uncertainty while improving outcomes for stakeholders. He currently holds governance appointments in the UK and New Zealand and advises on venture incubation globally.