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Volunteer for a Startup Helping to Reduce CO2 Emissions & Water Pollution 💚
BioBright helps the maritime industry to reduce CO2 and water pollution by using algae cultivation and monitoring systems.
The maritime industry is a significant contributor to global environmental challenges, particularly regarding CO2 emissions and water pollution. BioBright is committed to tackling these urgent issues through its innovative algae-based technologies designed to reduce emissions and improve water quality within ports.
Algae-Based Technology for CO2 Absorption
BioBright cultivates algae inside ports, which naturally absorbs CO2 from the surrounding environment. Only 400 grams of algae can absorb 800 grams of CO2 every hour, making it a highly effective solution for carbon reduction in maritime ecosystems. By scaling algae installations in key port areas, BioBright helps ports significantly reduce their carbon footprint.
Role (Volunteer, unpaid): Strategic CFO
About BioBright
BioBright is developing the next generation of environmental intelligence for ports and critical infrastructure. Our autonomous monitoring platform combines advanced sensing, AI-powered analytics, and real-time decision support to help operators improve environmental compliance, reduce operational risk, and make faster, data-driven decisions.
As we transition from successful pilots to commercial scale, we are looking for a strategic CFO who can help build the financial foundations required for sustainable growth and successful fundraising.
The Opportunity
This is not a traditional finance role. We are looking for a strategic partner who can shape BioBright's growth trajectory by developing a capital strategy that enables rapid customer adoption, scalable operations, and long-term shareholder value. The successful candidate will work closely with the CEO to ensure every financing decision accelerates commercial growth while maximising capital efficiency.
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Key Deliverables
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Build a Scalable Financial Strategy
- Timeline: First 60 days
- Tasks:
- Develop a robust three-year financial model.
- Define commercial KPIs and unit economics.
- Build customer acquisition and revenue forecasting models.
- Create scenario planning for conservative, expected, and high-growth outcomes.
- Impact: Provide the financial framework required to scale confidently while maintaining financial discipline.
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Develop the Capital Strategy
- Timeline: First 90 days
- Tasks:
- Determine the optimal size of the next funding round.
- Recommend the timing of future fundraising activities.
- Model expected cash runway under different growth scenarios.
- Produce dilution and ownership models across multiple investment rounds.
- Develop valuation assumptions linked to commercial milestones.
- Impact: Enable BioBright to raise the right amount of capital at the right time while protecting shareholder value.
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Improve Investor Readiness
- Timeline: Months 2–6
- Tasks:
- Build investor-grade financial models.
- Prepare fundraising metrics and Board reporting.
- Support due diligence and investor discussions.
- Develop financial narratives that clearly communicate scalability and commercial potential.
- Impact: Increase investor confidence and improve fundraising outcomes.
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- Drive Capital Efficiency
- Timeline: Ongoing
- Tasks:
- Review spending priorities and capital allocation.
- Optimise cash utilisation across engineering, commercial, and operations.
- Ensure investment decisions maximise long-term company value.
- Support pricing and commercial strategy through financial analysis.
- Impact: Increase growth while extending runway and reducing unnecessary dilution.
Time Commitment
- Approximately 1 day per week initially.
- Additional support during fundraising periods.
- Flexible engagement based on company milestones.
Success Measures
Within the first 12 months, the CFO will have helped BioBright to:
- Develop a scalable financial operating model.
- Establish clear financial metrics for customer adoption and growth.
- Build a capital strategy aligned with commercial milestones.
- Increase investor attractiveness through professional financial planning and reporting.
- Optimise runway and capital efficiency.
- Support a successful fundraising process with robust financial modelling and valuation analysis.
Who You Are
You have experience leading finance within high-growth technology or deep-tech businesses and understand the unique challenges of scaling venture-backed companies. You are comfortable advising founders, communicating with investors, and balancing ambitious growth with disciplined capital management.
Most importantly, you enjoy working alongside founders to transform innovative technology into commercially successful businesses.
Time Commitment: Volunteer 7-9 hours per week for 3-5 months remotely 💻
If you want to make change happen, apply to volunteer with BioBright!
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