Co-Founder In Residence, Methane Removal from Air (Open Application)

Deep Science Ventures; London; Remote; GBP 50,000 - 60,000; Full time

Job summary

An innovative firm is seeking entrepreneurial individuals to join as Founders in Residence focused on climate solutions. This exciting opportunity involves building a high-impact company aimed at addressing methane emissions, a significant contributor to global warming. Candidates will leverage their technical and commercial expertise to develop groundbreaking technologies for methane removal from the atmosphere. With the backing of a dedicated team and substantial investment, you will have the chance to lead a venture that not only aims for commercial success but also contributes positively to our planet's future. If you're passionate about making a real difference, this role is for you.

Benefits

Up to £250k in investment

Guaranteed income of £4,166 per month

Majority equity stake in the new company

Continuous post-spinout support

Access to proprietary tools and resources

Qualifications

• PhD in relevant fields like chemistry, engineering, or materials science.
• Experience in leading innovative technology ventures and commercial delivery.

Responsibilities

• Co-found and spin-out a new company focused on methane removal technology.
• Work closely with the DSV team to develop and launch the new venture.

Skills

Entrepreneurial mindset

Technical product development

R&D commercialization

Project management

Fundraising

Techno-economic analyses

Market assessments

Education

PhD or equivalent in relevant fields

Tools

Proprietary tools and resources

Job description

This is an open application for expressions of interest. Hiring for the role will begin in Q3 2024.

Join Us as a Founder in Residence Climate

We're on the lookout for entrepreneurial individuals with technical and commercial domain expertise with keen interest in founding and building a global scale, impact-driven, high growth company from the ground up (full-time).

We are seeking applications from experienced industry, startup and/or new science or engineering based technology development professionals from anywhere in the world to work with us on methane removal from air.

You’ll work closely with the DSV team and the current Founder in Residence for this area to co-found and spin-out a new company. Once the new venture is incorporated with pre-seed investment from DSV, you and your co-founders will own the majority stake in the business and continue receiving support from the DSV team post-spinout.

The role is full-time and fully remote until venture incorporation and spin-out (circa spring/summer 2025).

The Opportunity

Methane is a powerful greenhouse gas, with around 80 x the warming potential of carbon dioxide over a 20-year timescale. Year-on-year increases in the atmospheric concentration of methane, driven by anthropogenic activities and by the effect of a warming climate on natural systems, are responsible for around 30% of the current rise in global temperature.

If methane could be removed from the air within emissions plumes, or from air in the ambient atmosphere, it might be possible to slow or reverse the trend of increasing methane concentrations. To date, key technical and commercial constraints have limited progress towards this target: atmospheric concentrations of methane are extremely low (2 ppm), methane emissions plumes (while higher in concentration) are distributed over disparate sources, and current measurement capabilities are often insufficient to verify offsetting activities.

A technology that can effectively remove methane from atmospheric or emissions-plume air must therefore be implementable at low concentrations, across multiple sources, and must be verifiable. If these requirements can be met, the resulting technology would transform our ability to remove methane from air, and by extension our ability to limit further temperature rise related to methane.

Our Approach

Using DSV’s unique scoping methodology, we have begun to systematically map the solution space to identify technologies capable of removing methane from atmospheric or emissions-plume air. This mapping identifies the principle constraints holding back current approaches to methane - concentration, diverse sources, and verification - and, through first-principles thinking, converts these constraints into spaces for radical new innovation.

Who Should Apply

Most suitable candidates will likely meet most of the following criteria:

• PhD or equivalent industry R&D know-how focused on: inorganic/physical chemistry; physics; environmental, chemical or mechanical engineering; materials science; atmospheric (geo)chemistry; or similar;
• Broad understanding of current approaches and state-of-the-art (SOTA) technologies, and constraints relevant for this opportunity area;
• Previously led or managed commercial delivery of an innovative biotech, engineering, industrial, or hardware technology venture with broad understanding of technical product development and R&D commercialization;
• Industry-specific know-how and commercial knowledge (e.g. forming strategic partnerships, industrial value chains, procurement, etc.) relevant for this opportunity area;
• Experience in startup ecosystems and fundraising (via venture capital, private equity, grants or funds);
• Strong entrepreneurial mindset with the ability to translate scientific discoveries into commercial opportunities, ideally with experience conducting techno-economic analyses and market assessments;
• Experience of working in a leadership role, applying project management and collaborative skills with colleagues across different teams.

Our Offer

By joining DSV, you will be part of a team of operators who have founded companies and led the translation of science at some of the most respected universities, charities, funds, and government agencies. Here’s what we offer:

• Access to optimised, 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.

About DSV

Deep Science Ventures is creating a future in which both humans and the planet can thrive.

We use our unique venture creation process to create, spin-out and invest into science companies, combining available scientific knowledge and founder-type scientists into high-impact ventures.

We operate in 4 sectors: Pharmaceuticals, Climate, Agriculture and Computation, tackling the challenges defining those areas by taking a first principles approach and partnering with leading institutions.

This opportunity is funded by the Grantham Foundation, a 501(c)(3) private foundation whose mission is to protect and conserve the natural environment. The Grantham Foundation communicates the risks of climate change and environmental degradation, builds collaboration and alliances between like-minded groups and individuals, and invests in philanthropic and entrepreneurial missions to create new climate solutions.