Prediction certainty 3/5 debate potential 2/5

Hassin: Displacing industrial metals will require roughly $500M in investment

Bryan Guido Hassin · A bank collapse threatens climate startups · Mar 20, 2023 · at 16:03

Bryan Guido Hassin, CEO of materials startup Dexmat, explains the capital intensity of hard-tech climate moonshots relative to software companies.

0:00 / 0:12exact quote · 12.9s

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“Our aspiration is There's nothing short of displacing steel and aluminum and copper. You know, this isn't software. It'll require probably the better part of half a billion dollars of investment to get there.”

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The claim, plainly

Dexmat will likely require nearly $500 million in capital investment to achieve its goal of displacing steel, aluminum, and copper with advanced carbon-negative materials.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

How this resolves

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no date stated; next review by 2028-03-20

Mentioned

Dexmat steel, aluminum, and copper

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Disclosure

Hassin: Dexmat held two months of operational runway during SVB failure

“The email I sent out to all of our investors on Saturday basically laid out that we had enough cash reserves as was to fund about two months of operations.”

Bryan Guido Hassin Mar 20, 2023 ▶ 17:50 A bank collapse threatens climate startups

Hassin: Displacing industrial metals will require roughly $500M in investment

More from Bryan Guido Hassin

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