Liz Gilligan, CEO & Founder of Material Evolution: $19 Million Raised to Build the Future of Sustainable Cement
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Description
from tech’s most innovative B2B founders. In today’s episode, we’re speaking with Liz Gilligan, CEO & Founder of Material Evolution, a sustainable cement company that has raised $19 Million in funding. Here are the most interesting points from our conversation: - Cement Chose Liz: Liz transitioned into cement research serendipitously, finding the vast potential impact of decarbonizing an industry responsible for 8% of global emissions. - Startup in a Garage: Early on, Material Evolution operated from Liz’s parents’ garage, where they developed two tons of material during the pandemic, showing resourcefulness and resilience. - Initial Target Market: The company’s initial customers are concrete manufacturers in the precast industry, which offers a controlled environment to test and refine their sustainable cement. - Navigating Traditional Industries: While many traditional cement companies are open to innovation, some resist change. Liz focuses on engaging with forward-thinking clients eager to adopt sustainable solutions. - Regulatory Changes: The evolving regulatory landscape, including carbon taxes and updated standards, supports the adoption of new, sustainable materials and technologies. - Challenges of Scaling: Building factories presents significant challenges, from securing adequate power supply to navigating environmental regulations. Material Evolution is learning and iterating from each step in this process. // Sponsors: Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership. www.FrontLines.io The Global Talent Co. — We help tech startups find, vet, hire, pay, and retain amazing marketing talent that costs 50-70% less than the US & Europe. www.GlobalTalent.co
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