

The risk of scaling 100x
9 snips Nov 27, 2024
Shreya Dave, co-founder and CEO of Via Separations, leads a company focused on innovative energy-efficient filtration systems. She discusses the challenges of rapidly scaling her groundbreaking graphene dioxide membrane technology at a Canadian paper mill. Shreya shares insights on overcoming self-doubt, finding the right customers, and navigating financial hurdles. She reflects on lessons learned from the journey and the urgency of making impactful climate technology viable for broader commercial use. Her bold decision to scale 100x could redefine industrial operations!
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Choosing the Right Partner
- Via Separations considered two sites for their first commercial plant, opting for site B.
- Site B, though further and newer, offered enthusiastic partners and a well-run facility.
Scaling Strategies
- When scaling, consider a 10x or 100x approach, prioritizing what matters to the customer.
- Assess engineering, scientific, and financial risks across both options.
Financing First-of-a-Kind Projects
- Project financing for first-of-a-kind systems proved unavailable for Via Separations.
- They turned to corporate-focused options like equipment loans, venture debt, and equity.