Episode 43
Raising An $18 Million Series A to Create Carbon-Negative Diamonds From Thin Air w/ CEO Ryan Shearman
March 26, 202226m 14s
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Show Notes
In this episode, Shamus Madan talks with Ryan Shearman, founder of Aether Diamonds. They discuss the inspiration and environmental focus of Aether, Ryan's formative experiences, and the diamond creation process. They also delve into misconceptions about lab-grown diamonds, the potential shift into B2B, and the future of the diamond industry.
Hey everybody, welcome to the MBIT podcast in which we discuss tech, venture capital, and entrepreneurship. Today is an extremely exciting episode in which the startup Aether Diamonds raised $18 Million to create diamonds from THIN AIR. Yes, you read that right.
Twitter of Host: @mbitpodcast
Twitter of Guest: @ryanshearmanNYC
Learn More About Aether Here:
(0:00) Introduction to the episode and guest Ryan Shearman (2:20) Inspiration behind Aether Diamonds and its environmental focus (6:07) Impact of Ryan's childhood experiences on his environmental consciousness (8:15) The process, impact, and marketing of Aether Diamonds (11:20) Pricing and differentiation of Aether Diamonds (13:04) Partnership with Climeworks and the diamond creation process (15:18) Potential shift to B2B and use of series A funding (18:46) Addressing misconceptions about lab-grown diamonds and the origin of "Aether" (21:29) Impact on diamond prices with economies of scale (24:54) Conclusion and how to learn more about Aether Diamonds