How Not Knowing Tom Darden Could Make You a Rookie in Tech …
Tom Darden’s company, Cherokee has made many notable achievements. The firm aspires to run to better the environment and raised over $ 2.2 billion in five institutional equity funds. They have invested this capital in cleanup, development, acquisition and the sale of about 550 environmentally polluted and contaminated locations in Canada, the US and Europe. Now working on LENR, which stands for Low Energy Nuclear Reactions, (and occasionally Lattice Enabled Nanoscale Reactions), a breakthrough notion that could save the world.
Tom Darden earned his Master’s in Regional Planning from the University of North Carolina at Chapel Hill, JD from Yale Law School and Bachelor of Arts from the University of North Carolina. He was a dedicated Morehead Scholar. His undergraduate thesis, which he worked on in 1976, evaluated the environmental effects of third world development, while his 1981 Yale thesis analyzed interstate acid rain air pollution.
Why Tom Darden Isn’t Afraid of a Challenge …
Tom’s company Cherokee is an environmentally focused investment company. Cherokee utilizes internal venture capital as well as private equity to generate economic, social and environmental returns. From 1981 to 1984 Darden worked at Bain & Company in Boston. Starting in 1984, he worked at Cherokee Sanford Group, the largest privately owned brick manufacturing company in the US and previously the largest soil remediation company. He served as chairman of the Cherokee Stanford Group for over 16 years.
Darden began to invest personal capital in environmental companies before raising institutional and private equity funds. He has founded or co-founded about a quarter of his early-stage investments. He has put his own money into over 100 companies in areas ranging from smart grid to renewable energy, and prefab environmentally friendly buildings. The companies that Darden has invested in include Industrial Heat, which focuses on fusion energy, PGSI, Eco-Site, Cherokee Solar, Cherokee Biotechnology, Living Homes Atwater, Brownfield Revitalization and Cherokee Environmental Risk.
Darden has been associated and continues to be associated with different boards, including the Boards of the University of North Carolina’s Environmental Department, Research Triangle Institute, Environmental Defense Action Fund, Gentra Systems, Consert Inc., Heinz Family Foundation, and Helping Hand Mission. He has served as Chairman of the Regional Triangle Transit Authority and two terms on the N.C. Board of Transportation, through appointments by the Speaker of the House and Governor.
How Tom Darden Could Help Preserve Life on Earth …
LENR: The New Fusion Technology
Tom Darden’s most recent project is the Low Energy Nuclear Reaction (LENR). This technology is a new approach to fusion, a potentially abundant and carbon-free kind of energy that would function at lower temperatures than big government projects around the globe, which call for temperatures of about 100 million degrees Celsius or more. The LENR is related to and takes its inspiration from Stanley Pons and Martin Fleischmann’s debunked experiment of cold fusion, but instead of looking for nuclear signals like radiation, the LENR looks for heat as the main by-product.
The LENR is considered an outlandish and risky technology. This is because creating fusion energy requires an extreme amount of heat to break the bonds in atoms. Breaking the bonds of atoms at such low temperatures violates the laws of physics. Darden has licensed the technology of Andrea Rossi, an Italian scientist, and entrepreneur for this ambitious project. Rossi has in the past seen some success with experiments of cold fusion. To date, Darden’s company has invested more than $ 10 million in tests and added research for Rossi’s work and plans to spend more. The results so far have been extremely promising. If this works, it would address air pollution, including carbon, and this technology could be a game changer for industries in environmental science.
Writer: Mae Merriweather
Editor: Derin Cag (Founder of Richtopia)