Founder In Residence, Atmospheric Methane Removal

Deep Science Ventures

  • London
  • Contract
  • Full-time
  • 2 months ago
  • Apply easily
ABOUT THE ROLEAt DSV we’re looking for future Founders, entrepreneurially minded individuals with industry-specific technical and commercial domain expertise eager to solve urgent unmet challenges through venture building.You will join DSV’s venture creation programme as a Founder in Residence and work closely with the DSV team, using , to spin-out a new company. During the programme, you’ll work on all aspects related to venture creation in this opportunity area, including working out the optimal approach to solve for the desired outcome, building a team and building a viable business case. 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, after May 2025.THE OPPORTUNITY AREAMethane is a powerful greenhouse gas, with around 80 x the warming potential of carbon dioxide over a 20-year timescale. The increase in atmospheric methane concentrations since the pre-industrial era - which has accelerated at a record-breaking rate over the last decade - is responsible for around 30% of the current rise in global temperature. By directly removing methane from the atmosphere, the trend of increasing methane concentrations could be reversed, preventing catastrophic near-term global warming. However, few technologies have attempted to remove atmospheric methane, and none has yet been proven at scale.Technologies capable of atmospheric methane removal are limited by a set of fundamental constraints. First, it is currently not possible to efficiently capture environmentally-relevant quantities of methane (> 100 Tg/yr by 2050) from air containing low ambient concentrations (2000 ppb). Second, it is currently not possible to release oxidative reagents that react directly with atmospheric methane without adverse secondary effects on other atmospheric processes. Finally, it is currently difficult to create value from the capture of atmospheric methane in the absence of an established methane credit market.By overcoming these constraints, the first scalable technology for atmospheric methane removal might be developed. This would transform our ability to mitigate warming related to methane: creating a huge climate impact.OUR APPROACHTechnologies capable of directly removing atmospheric methane are essential in limiting global warming. Technology that meets this challenge must: * Be able to remove atmospheric methane at scale (> 100 Tg/yr by 2050)
  • Be able to remove atmospheric methane at below the current voluntary market cost (4500 USD) and ideally below the current emission cost penalty (e.g. 1500 USD in USA), or provide a specific value-add to industry
  • Have a removal pathway that is verifiable
  • Have no environmental externalities
At DSV, we want to explore whether it is possible to create this technology. This will require an innovative approach, making use of state-of-the-art chemistry, physics and engineering. For example, it might be possible to use advances in photo- or thermo-catalysis to efficiently capture methane from air at ambient concentrations (2000 ppb). Alternatively, it might be possible to enhance naturally-occurring radical processes to oxidise methane without environmental externalities. As another option, it might be possible to adapt existing industrial processes (such as water treatment) to provide a value-add that enables financing of methane removal without crediting.If an optimal technical and commercial solution is found, it will be used to develop a new venture for methane abatement. As a Founder-in-Residence, you would be leading the identification of solutions and, if possible, the subsequent venture creation process!RequirementsWHO SHOULD APPLY
  • You are someone with the drive and motivation to solve one of the world’s most pressing environmental challenges
  • You have a strong interest in building a company, and ideally have previous experience of entrepreneurship or innovation
  • You are a good communicator, work well in a team, and ideally have previous experience of project management or team-building
  • You are a creative thinker and are capable of finding unconventional solutions to difficult problems
  • You hold a PhD or have equivalent industry experience in: inorganic/physical chemistry; physics; environmental, chemical or mechanical engineering; materials science; atmospheric (geo)chemistry; or another relevant field.
  • Ideally, you have technical knowledge or work experience in: catalysis; electrochemistry; or another related area of physical chemistry.
  • You have broad knowledge of climate change mitigation, market-based strategies for mitigation, and/or innovation in emissions reduction
BenefitsOUR OFFERBy joining DSV, you’ll be joining a team of operators who have founded companies and led translation of science at some of the most respected universities, charities, funds and government agencies. 2/3 of the team have founded or led a company at C-suite and 65% have a PhD. Our team dedicate several hours every week to each Founder or founding team to provide tailored guidance, resources and feedback covering every aspect of what it takes to successfully launch a new venture from both the tech and commercial perspectives:
  • We provide optimised, purpose-built, proprietary tools, resources and processes to help create high-impact ventures from scratch, using our venture creation methodology. Read more about one of our key tools
. * We draw on opportunity area specific know-how provided by our network of Partners and Advisors;
  • We provide £250k investment governed by our Investment Committee to incorporate the new venture and develop early proof-of-concept data that’s needed to attract high profile non-venture studio VCs. This funding is also key to get grant funding, which most often needs to be matched with private investment;
  • We provide guaranteed income of £4,166 per month paid to each Founder in Residence as a consultancy fee until the company is launched and the pre-seed investment is secured;
  • You and your co-founders will own a majority equity stake in the company;
  • We provide continuous support after post spin-out, including fundraising, commercial partnerships, recruitment and team-building (amongst other things); plus
  • There are dozens of Founders currently at DSV across sectors working collaboratively and supporting one another - a unique resource to draw on.
ABOUT DSVDeep 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.

Deep Science Ventures