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Caleb Boyd
Co-Founder of Molten Industries | 2022 Breakthrough Energy Fellow | Forbes 30 Under 30
Caleb Boyd is the Co-Founder and CTO of Molten Industries, a company developing breakthrough technology to produce low-cost, clean hydrogen for decarbonizing heavy industrial sectors.13 He holds a Bachelor's degree in Mechanical Engineering and Materials Science from UC Berkeley and a PhD in Materials Science and Engineering from Stanford University.4
Prior to co-founding Molten Industries in December 2021, Boyd's career included:
- Working as an Associate at UVC Partners, a venture capital firm in Munich, Germany4
- Conducting PhD research at Stanford University, where he developed high-efficiency perovskite-silicon tandem solar cells34
- Interning at Apple in product design4
- Working on affordable air purifiers in Kolkata, India3
Boyd has received several notable recognitions:
- Named to Forbes 30 Under 30 in the Energy category in 20232
- Selected as a Breakthrough Energy Fellow by Bill Gates' organization16
- Awarded a National Science Foundation Graduate Research Fellowship4
His research work has resulted in 15 peer-reviewed publications with over 2000 citations, including first-author publications in Science and Joule.3 Boyd is passionate about developing sustainable energy solutions and has a vision to advance the future of manufacturing.35
Highlights
The majority of steel today is made with coal, resulting in about 8% of global CO2 emissions. Today Molten Industries is announcing a project with United States Steel Corporation and CPFD Software supported by a $5.4M U.S. Department of Energy grant to integrate Molten's clean hydrogen production process with a pilot scale direct reduced iron system. Hydrogen from Molten's process can lead to net-zero steel, producing water instead of carbon dioxide. Steel is a core pillar in Molten's mission to decarbonize heavy industry and transportation, and I'm excited to work with Brenda Petrilena and the U. S. Steel team to push this technology forward!
Many thanks to the Hydrogen and Fuel Cell Technologies Office, especially Tomas Green and Rebecca Erwin for the support!
Thank you also the Peter Blaser and James Parker from CPFD for their work to model this system, and thank you to Joel Armin-Hoiland and the Climate Finance Solutions team and Brian Ormsby and the Pantheon Solutions team for their help in preparing an excellent proposal.
Finally, a thank you to our investors and supporters who have enabled this technology to scale from the lab to pilot - Breakthrough Energy , Sozo Ventures, Union Square Ventures, Fifty Years, J4.Ventures, Moai Capital, UVC Partners, Jane Woodward, Mark Heising, and Peter Attia.
Kevin Bush, myself, and the Molten team are stoked to build!
