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Full-Time

Business Development Lead

Posted on 6/24/2024

First Mode

First Mode

201-500 employees

Engineering solutions for clean energy and space

Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Social Impact

Compensation Overview

$156k - $234kAnnually

+ Bonus + Equity-based awards

Senior, Expert

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Communications
Requirements
  • 8+ years of experience developing and maintaining relationships with customers
  • Demonstrated leadership and strong judgement in managing growth and diversity in a fast-expanding, cross-functional organization
  • Proven track record of executing large, highly technical strategic co-development and partnership engagements
  • Strong verbal and written communication skills
  • Business acumen in determining strategic vision and running a complex technical business
Responsibilities
  • Accelerate the growth of First Mode’s business with several Mining and Heavy Industry customers
  • Interface and build relationships with internal leadership and external customers at the executive and C-level
  • Build credibility with operational staff and support activities with customers from qualification, through to studies, pilots and scaled deployment of our solution
  • Provide a conduit to influence First Mode’s product roadmap on behalf of the customer
  • Develop and execute strategic plans, lead the technical strategy across a range of decarbonization programs and initiatives
  • Work with partners (mining, rail, consortia, energy, government) to extend reach and drive adoption
  • Act as a key member of the Strategic Accounts leadership team

First Mode develops engineering solutions for complex challenges in various fields, including clean energy, planetary exploration, and sustainable transportation. Their products, such as hydrogen fuel cell vehicles, are designed to be resilient and reliable, catering to clients like mining companies and space agencies. By using a multidisciplinary approach, First Mode creates practical and sustainable systems tailored to specific client needs. Unlike many competitors, they focus on pushing the boundaries of current technology while ensuring their solutions are applicable in real-world scenarios. The company's goal is to address demanding technical challenges while promoting sustainability across industries.

Company Stage

M&A

Total Funding

$208.8M

Headquarters

Seattle, Washington

Founded

2018

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Simplify's Take

What believers are saying

  • The strategic alliance with Mitsui & Co., Ltd. could significantly accelerate the adoption of First Mode's clean energy solutions in heavy industries.
  • Opening a new clean-tech factory in Seattle positions First Mode to scale production and meet increasing market demand for sustainable solutions.
  • Their innovative projects, such as hydrogen-powered haul trucks, offer employees the opportunity to work on cutting-edge technologies that have a meaningful impact on reducing carbon emissions.

What critics are saying

  • The recent layoffs, including a potential 50% reduction in workforce, could lead to decreased morale and productivity.
  • The failure of similar companies like Universal Hydrogen to secure funding raises concerns about the financial stability of hydrogen-based ventures.

What makes First Mode unique

  • First Mode's multidisciplinary approach allows them to tackle a wide range of complex engineering challenges, from clean energy to planetary exploration, unlike competitors who may specialize in only one area.
  • Their focus on hydrogen fuel cell technology for heavy industries like mining sets them apart in the clean energy sector.
  • The strategic alliance with Mitsui & Co., Ltd. enhances their ability to scale decarbonization solutions globally, providing a competitive edge.
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