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Harvey Hodd, founder at Rivan: Rivan raised a £25 million Series A
Description
Rivan has just raised a £25 million Series A to scale its synthetic fuel technology, after building and operating the UK’s largest synthetic natural gas plant in under a year.
Harvey Hodd, Founder at Rivan, shares how the company built and proved its first plant and is now focused on scaling manufacturing to bring synthetic fuels into the grid at costs that compete with fossil fuels.
The Scaling Europe show is presented by Deel - check them out here:
https://get.deel.com/ruynb7o4lfjk
Sponsors:
SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/
Timestamps:
0:00 - Introduction
0:22 - £25m Series A announcement
0:52 - From hypothesis to working plant
2:11 - What Rivan is building
4:38 - Customer demand and commercial model
6:06 - Energy markets and European context
8:54 - Competing with fossil fuels
10:10 - Building fast in hardware
12:45 - Scaling manufacturing and new facility
14:08 - Deployment timelines
16:12 - Fundraising and investors
17:56 - Challenges and execution
19:02 - Building hardware vs software