COMMUNITY PROFILE



David Baynes

CEO

Fusion IP

Fusion IP was floated on AIM in February 2005, and David has been CEO since that time. The company has exclusive agreements with The University of Sheffield and Cardiff University by which it owns the right to commercialise any IP generated by those institutions. The company has 24 portfolio companies and David sits on the Board of 10 of these, which include Demasq, a revolutionary X-ray imaging company, and Magnomatics who produce advanced magnetic gear systems.

David qualified as a Chartered Accountant with Arthur Andersen in 1990. He then worked at Celsis International plc from its incorporation to its flotation on the full list of the London Stock Exchange in July 1993, and was responsible for all elements of the company's finances during that period.
 
In August 1993, David co-founded Toad plc (now Toad Group plc) and was then responsible for taking the company from start-up to 4.2 (now Ofex), then AIM and ultimately the full list of the London Stock Exchange.
 
David left Toad plc to join Whereonearth Limited, where he obtained extensive exposure to the venture capital market and was responsible for all aspects of the company's venture capital funding. 
 
 


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