Allium addresses one of the hardest problems in the ocean-building things that last. Their stainless clad rebar will change how we scope ocean and coastal builds.
Location: Boston, MA, USA
How we met: Jake Russell found 'em!
Propeller theme: Ocean Industrials
Propeller investment stage: Seed
Allium creates stainless-cladded rebar. This is a core building block for ocean infrastructure; both in its ability to withstand corrosion, and last for financeable timelines at competitive pricing.
Why we love the founders – Steve Jepeal and Sam McAlpine met at MIT. They are excellent complements to each other, and deep subject matter experts.
What’s novel about Allium’s tech – Allium is focused on longevity to avoid emissions-they’ve focused on a low-cost product that is tailor made for coastal infrastructure.
Why we’re excited about this market – a green transition is predicated on a LOT of infrastructure being built or retrofitted. Rebar is everywhere and crucial to a majority of that infrastructure.
How impactful Allium could be – steel is one of the largest emitting sectors of carbon in the world. By extending longevity, Allium could avoid gigatons of expected emissions in the coming decades of replacement steel.