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Entrepreneurs for Impact

#125: Disrupting 50% of Global Electricity Use with New Electrostatic Motors — Matt Maroon⁠, CEO of ⁠C-Motive Technologies⁠

Apr 20, 2023
41:45

⭐ My guest today is Matt Maroon, CEO of C-Motive Technologies.

He is a six-time veteran of cleantech startups – developing and selling new technologies, from advanced batteries to energy-optimizing artificial intelligence software - with a goal of improving society’s efficient use of resources and reducing environmental impact. 

C-Motive is the first and only company commercializing sustainable, high-efficiency motor technology using electrostatic principles to decarbonize stationary industrial and e-mobility applications.

Their investors include Prime Impact Fund, Collaborative Fund, and Starlight Ventures.

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🎙️ In this episode, we talked about:

- How motors consume 50% of all electricity in the world, despite how oblivious we all are to that fact

- The fact that 2% of a motor’s life cycle costs are attributed to its upfront cost – i.e., CapEx vs. its OpEx

- The whopping size of the motor market at $100B in sales per year

- Their efficiency at 90% compared to most motors which average 50-70%

- The utility in industrial applications at less than 500 RPM, especially in geographies with high power prices

- How dudes with long hair in climate tech need to stick together

- And lots more

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🙏 Hope you enjoy it!

📣 And give Matt and C-Motive a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.

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👍 Please leave a review or rating on your favorite podcast player. This is the #1 way that more listeners can discover the amazing climate CEOs and investors I get to interview here.

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🌎 Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.

Here's our weekly newsletter — A 3-minute summary of climate tech startups, better habits, and deep work trends: ⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠

Our main program is a Climate CEO Mastermind peer group community: ⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠

Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.

Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

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