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Co-Founder in Residence for Zero Emission Steel Innovation
2 months ago
We are seeking a visionary co-founder to join our mission at Deep Science Ventures Limited, driving innovation in zero emission steel production. This is an open application for expressions of interest, with hiring to begin later this year.
As a co-founder, you will work closely with our team and the current founder in residence to develop and spin-out a new company focused on addressing the global challenge of zero emission steel production. You will have the opportunity to own a majority stake in the business and receive ongoing support from our team.
The role is full-time, initially remote, with possible relocation once the new venture is incorporated. You will be part of a team of operators who have founded companies and led the translation of science at leading universities, charities, funds, and government agencies.
About the Opportunity Area: Zero Emission SteelSteel production is a critical sector, with 2 billion tonnes manufactured annually, requiring complex engineering and emitting around 3.5 billion tonnes of CO2 into the atmosphere each year. Our approach focuses on developing novel technologies to create a new best-in-class steelmaking process, leveraging renewable energy sources and reducing emissions.
We are currently building an outcomes graph, working backwards from the desired high-level outcomes: a steel plant that is fully compatible with intermittent renewable electricity and heat, and ensures steelmaking uses fully-renewable carbon sources for alloying. Some of the options to achieve this include commercializing and integrating renewable heating, medium-temperature processes, alternative energy storage systems, and alternative carbon sources such as biochar and CO2 graphitisation.
Requirements and Offer- PhD or equivalent industry R&D know-how focused on metallurgical engineering, material sciences, process design, chemical engineering, mechanical engineering, or a relevant field;
- In-depth knowledge of state-of-the-art technologies and constraints in metals processing technologies such as smelting of metals, electric arc furnaces, thermal or electrolysis processing of metal oxides;
- Experience with the development of novel electrochemical and/or thermochemical cell and reactor design is a plus;
- Broad knowledge in steelmaking technologies and processes;
- Industry-specific know-how, commercial knowledge (e.g. strategic partnerships, manufacturing, procurement etc.) and network within the steel industry and related industries;
- Experience in building and scaling new technologies from concept to demonstration;
- Experience in raising funds from early stage investors/VC;
- Experience in building and scaling a high-growth enterprise (leadership/c-suite roles).
We offer:
- Access to optimized, purpose-built, proprietary tools, resources, and processes to help create high-impact ventures from scratch;
- Opportunity area-specific know-how from our network of Partners and Advisors;
- Up to £250k in investment to incorporate the new venture and develop early proof-of-concept data;
- Guaranteed income of £4,166 per month paid as a consultancy fee until the company is launched and the pre-seed investment is secured;
- Majority equity stake in the new company for you and your co-founders;
- Continuous post-spinout support, including fundraising, commercial partnerships, recruitment, and team-building;
- Collaborative support from dozens of Founders currently at DSV across sectors.
This opportunity is funded by the Decarbonisation Ventures team of leading global mining company Anglo American, as part of the company's efforts to unlock and accelerate climate positive innovation through investment and industry collaborations.
