The Metals Company (Nasdaq: TMC) announced the Wednesday the appointment of Steve Jurvetson to its board of directors as vice chairman and his engagement as special advisor to the CEO.
For over 25 years, Jurvetson has been known for his early-stage venture investments in some of the world’s most impactful technology companies.
As co-founder and managing director of the venture capital Draper Fisher Jurvetson, he led the firm’s founding investments in several companies that had successful IPOs (Tesla, Planet Labs, D-Wave) and others that were acquired (Skype, Nervana, Hotmail), representing $800 billion of aggregate value creation.
In 2018, Jurvetson co-founded Future Ventures to focus on trailblazing, purpose-driven entrepreneurs with ideas that have the potential to reinvent entire industries — from nuclear fusion and space exploration to sustainable energy and AI.
As a former long-standing board member of Tesla and a current board member of SpaceX, Jurvetson brings a wealth of experience in helping companies navigate through high-uncertainty industry startup phase and transition to global scale and industry leadership.
At TMC, he will help guide the seafloor mining company through the next phase of growth as it seeks to harness the potential of deep-sea polymetallic nodules for the energy transition and wider global development.
“Steve Jurvetson is not just a legendary investor but a visionary with wide and deep-ranging curiosity,” TMC chief executive officer Gerard Barron said in a news release.
Whether it’s the world of bits or atoms, Steve has the uncanny ability to quickly get to simplicity on the other side of complexity,” Barron said. “He’s played a pivotal role in the growth of some of the greatest companies of our time and I am personally excited about the prospect of benefiting from his counsel on our challenging journey.”