Full-Time
Product Development Manager
Confirmed live in the last 24 hours
Diamond Foundry
201-500 employees
Eco-friendly single-crystal diamond wafer manufacturer
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 the eco-friendly manufacturing of single-crystal diamond wafers, employing zero-emission technologies that convert greenhouse gases into high-quality diamonds. This focus on sustainable practices not only supports environmental preservation but also addresses critical thermal constraints in burgeoning sectors like AI, cloud computing, and electric vehicle electronics. With a clear commitment to sustainability and high-tech solutions, this company stands at the forefront of addressing some of the most pressing challenges in technology and engineering.
Company Stage
Series B
Total Funding
$558.7M
Headquarters
San Francisco, California
Founded
2012
6 month growth
↑ 8%1 year growth
↑ 27%2 year growth
↑ 40%
Simplify's Take
What believers are saying
- Diamond Foundry's expansion into international markets like Spain and the UAE indicates strong growth potential and global market penetration.
- The partnership with luxury brands and retailers like Vrai and Fraser Hart elevates the status of lab-grown diamonds to true luxury items.
- Significant investments in new production facilities and technological advancements suggest robust financial health and a commitment to innovation.
What critics are saying
- The diamond industry is highly competitive, with both lab-grown and mined diamonds vying for market share, which could impact Diamond Foundry's growth.
- High capital expenditure on new facilities and acquisitions may strain financial resources if market conditions change.
What makes Diamond Foundry unique
- Diamond Foundry's lab-grown diamonds are ten times more energy-efficient to produce than mined diamonds, leveraging zero-emission energy sources.
- The company is backed by high-profile investors like Leonardo DiCaprio, enhancing its brand credibility and market reach.
- Their proprietary CVD mechanism and recent acquisition of Audiatec position them as technological leaders in the lab-grown diamond industry.