January 30, 2010
I am still jazzed about the meeting I had yesterday with this incredibly exciting company I spent the afternoon with yesterday. The company is called Sun Catalytix. And what is even more exciting is it is a Polaris portfolio company. I typically try to avoid shameless portfolio promotion, but in this case it is just too cool not to blog about.
In a nutshell, an MIT scientist has invented a way to replicate the photosynthesis process, and to create fuel out of sun + water, which, last I checked, were the two most plentiful resources on the planet. And they are everywhere. Imagine being able to generate power virtually anywhere you have sun and water. No batteries, no grid, no nuthin.
Polaris seed-funded the scientist, Professor Daniel Nocera, together with some of his grad students, and my partners Amir Nashat and Bob Metcalfe have been working with them to get a company started. Yesterday we got an update — we saw bubbling water (which results from the splitting of water into hydrogen and oxygen), a handful of very impressive hires, and what feels like an opportunity truly to “change the world.”
Not that blogs, facebook games, twitter and online advertising aren’t worthy things, but… this was cool, really cool.