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

⭐ 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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