Magrathea - out of stealth
Super excited to be able to announce I have invested in Alex Grant and Jacob Brown at Magrathea in both their Pre-Seed and Seed rounds.
Magrathea aims to industrialise the production of carbon neutral metal from seawater and brines, starting with magnesium, and you can see the first evidence below.
Today they are out of stealth with the announcement of their $10m Seed round led by VoLo Earth Ventures and Capricorn Investment Group (click the picture for details).
I also got to invest alongside the amazing Sam Altman of OpenAI though I did not know that at the time. (Back your judgment, not others'.)
Alex and Jacob are incredible founders and I am privileged to be a small part of their journey.
Magrathea is a US deep tech startup and so well outside my usual investment scope. I will explain how and why I broke my rules in another post.
