K. R. Sridhar is the founder and CEO of Bloom Energy, an energy company which launched a new energy-efficient and environmentally friendly fuel cell known as the Bloom Box in 2010. The energy is clean and inexpensive, but development and production of this fuel cell required a large initial investment of $100 million. Sridhar was able to obtain funding for the project from investors such as Kleiner Perkins Caufield & Byers and New Enterprise Associates. Kleiner is represented on the Bloom Energy board of directors by John Doerr, an early investor in companies such as Amazon and Google as well. In a 2010 segment of 60 Minutes on CBS, KR predicted that a $3000 box could be in every home within the next five to ten years. Companies such as Adobe Systems, Ebay, Google, FedEx, Wal-Mart and Yahoo have already leased larger-sized boxes. Prior to Bloom Energy, K.R. was the director of the Space Technologies Laboratory at the University of Arizona where he was also professor of Aerospace and Mechanical Engineering. KR has a bachelor’s degree in mechanical engineering from the National Institute of Technology at Tiruchirappalli, Tamil Nadu, India, an M.S. in nuclear engineering and a PhD in mechanical engineering from the University of Illinois at Urbana-Champaign.
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