Posted on August 6, 2018 by staff

Metamaterials start-up appoints new CFO to boost growth


Oxford-based metamaterials start-up Metaboards has appointed Nimrata Boora as its chief financial officer.

The company’s technology makes it possible to charge tablets, games consoles and controllers, computers and any other non-metal electronic device at the same time and on the same surface.

Boora joined Metaboards last month with significant experience in senior financial positions at technology companies including HiWave Technologies and most recently, Redux, where she contributed to a successful exit for the company in August 2017.

Her arrival ensures the company has the executive team to drive future growth.

“Nimrata’s extensive background in corporate finance and strategy, combined with her knowledge of technology start-ups, will be extremely beneficial as we grow the business,” said Metaboards CEO Nedko Ivanov.

Boora’s appointment closely follows the announcement that Metaboards received investment of $5 million, led by science equity investor, Oxford Sciences Innovation (OSI) with additional funds from investors RT Capital Management Inc and Woodford Investment Management Ltd.

The financing will be used to fund Metaboards’ continued expansion and to bring to market its patented, state-of-the-art wireless power technology.

“It is a really exciting time to be joining Metaboards as the company develops and progresses with its ambitious plans for the future,” said Boora.

“I am looking forward to helping accelerate its ongoing efforts and objectives.”

Metaboards was founded in 2016 by world-leading professors and authors from Oxford University focusing on Metamaterials, currently one of the most dynamic scientific research areas.