‹ Part of the Far Out 40

CullBeck

Steel, minus the coal.

Glenbrook, New Zealand · climate · deep tech · energycullbeck.com

The people behind it

Martin Hacon — co-founder & CEO

Martin leads CullBeck as CEO, declaring the company's intent to take the lead on steel decarbonisation after decades of industry exploration.

Chris Jansen — co-founder

Chris co-founded CullBeck in 2025 to commercialise its hydrogen direct reduction process spun out of Victoria University of Wellington.

Bavinesh Maisuria — co-founder

Bavinesh co-founded CullBeck in 2025 to bring its breakthrough low-carbon ironmaking technology from lab to demonstration plant.

Chris Bumby — co-founder

Chris co-founded CullBeck in 2025, part of the team that spun its hydrogen DRI process out of Victoria University of Wellington.

Matt Watson — co-founder

Matt co-founded CullBeck in 2025 to help unlock multi-billion tonne titanomagnetite resources with hydrogen-based ironmaking.

Mission

Commercialising a 100% hydrogen DRI process that turns TTM ironsand into green iron in ~150 seconds — cutting CO2 from steelmaking.

Beginnings

Founded in 2025 by five founders, spinning a hydrogen DRI process out of Victoria University of Wellington to unlock TTM ore.

Why people join

$20M raised, 2.5 years runway, a funded demo plant at Glenbrook, and a veteran heavy-industry team backed by top NZ climate investors.

The bigger picture

Steel drives ~8% of global CO2 emissions — CullBeck's modular hydrogen process offers a scalable path to decarbonise it worldwide.

Open roles

The last complete source check is overdue. Confirm current openings on the company’s careers page.

live from their board

Nothing listed right now — these teams move fast, so check back, or send your LinkedIn below and we'll keep you in mind.

Every role links to the company's own application page — go direct, they'd love that. Moving, investing, or joining and want us in your corner? Connect — we know the teams.