Full-Time
Product Development Manager
Posted on 9/19/2024
Diamond Foundry
201-500 employees
Produces single crystal diamond wafers for technology
Compensation Overview
$90k - $130kAnnually
Senior
New York, NY, USA
Hybrid position based in New York, NY.
- Minimum of 5-7 years of hands-on experience in product development within the fine jewelry industry.
- Proven ability to manage projects from concept to production successfully, with a portfolio showcasing successful fine jewelry launches.
- Extensive knowledge of jewelry design, gemology, materials, and manufacturing processes - including CAD design software and other relevant tools used in product development.
- Exceptional communication skills, capable of effectively liaising with designers, suppliers, and production teams.
- Excellent organizational and time-management abilities, with the capacity to prioritize tasks and meet deadlines.
- Oversee the entire product development process from concept to final sample approval, ensuring timely completion aligned with development calendars.
- Collaborate with design, production, and quality assurance teams to ensure product concepts are feasible, meet quality standards, and align with brand aesthetics.
- Coordinate and meet on-site with internal staff, as well as suppliers and manufacturers to develop prototypes and production samples, ensuring materials and craftsmanship meet required standards as needed.
- Analyze market trends, competitor products, and consumer preferences to inform product development strategies and maintain the brand’s competitive edge.
- Present product development updates, insights, and recommendations to leadership based on data and industry trends.
Diamond Foundry specializes in creating single crystal diamond wafers that are essential for improving the performance of technologies in fields like artificial intelligence, electric vehicles, and wireless communication. These wafers help manage heat effectively, which is crucial for the efficiency of these advanced technologies. The company sells its products primarily to other businesses, including major automotive manufacturers and tech companies, focusing on providing components that enhance their operations. What sets Diamond Foundry apart from its competitors is its commitment to sustainability, as its diamond wafers are produced with a zero carbon footprint, making them not only efficient but also environmentally friendly. The goal of Diamond Foundry is to lead in both technological advancements and sustainable practices in the semiconductor industry.
Company Stage
Debt Financing
Total Funding
$306.4M
Headquarters
San Francisco, California
Founded
2012
6 month growth
↑ 6%1 year growth
↑ 27%2 year growth
↑ 41%
Simplify's Take
What believers are saying
- Lab-grown diamonds are ten times more energy efficient than mined diamonds.
- Partnerships with high-tech firms and automotive OEMs expand market reach.
- Expansion into Spain and Venezuela increases production capacity.
What critics are saying
- Dependence on consumer perception of lab-grown diamonds as luxury items.
- Potential competition from other lab-grown diamond producers.
- Economic fluctuations may impact demand for luxury jewelry.
What makes Diamond Foundry unique
- Proprietary technology enables lab-grown diamonds with zero carbon emissions.
- Single crystal diamond wafers enhance performance in AI, EVs, and wireless communication.
- VRAI brand offers direct-to-consumer luxury diamond jewelry.
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