Summary
Overview
Work History
Education
Skills
Publications
Patents
Timeline
Generic

Dev GAVASKAR

Naperville, Illinois,United States

Summary

Seasoned and proven business executive, with 18+ years' experience in the field of technology development, technical and commercial due-diligence, venture investing and business development & commercialization. Proven delivery of business and commercial results in clean energy, decarbonization and sustainability space with a proven track- record of: (I) identifying innovative & disruptive technologies, with the potential to transform, expand and lead global industries; (II) technology development and commercialization; (III) commercial, strategy, business and market development and (IV) techno-commercial due diligence via techno-economics, market analyses and identification of commercial & business opportunities.

Organizational Leadership, Business Development and Commercial/Strategy Expertise, Technology Evaluation and Acquisition

  • Balanced strategic and tactical mindset providing versatile and situational leadership; driven by data including thorough understanding of techno-economics of businesses.
  • Market and Business Development with focus on commercial strategy for business growth in domestic and international geographies. Business, commercial, marketing and sales acumen - driving competitive growth through proactive relationship building and pursuit of business opportunities.
  • Providing vision, strategy and direction to organizations in both stable and turn-around environments. Adaptive, proactive and entrepreneurial business executive; savvy to industry trends, practices and market demands.
  • Technical and Commercial due diligence for technologies and projects - in the fields of clean energy, green hydrogen, carbon capture & utilization.
  • Business, marketing and commercial acumen, driving competitive growth through proactive relationship building, identification and pursuit of business opportunities.
  • Building, mentoring and growing high-functioning teams to achieve objectives and targets.
  • Broad understanding of global energy markets and macroeconomic trends

Overview

18
18
years of professional experience

Work History

Partner

True North Venture Partners
03.2014 - Current

True North Venture Partners (TNVP) is a Chicago and Phoenix-based venture capital firm, capitalized in excess of USD 700 million investing in early stage companies focused on disruptive innovations that can reshape socially important industries. The firm's current areas of focus are Energy, Waste, Chemicals & Fuels and Water, and any of the intersections that may exist among those sectors.

  • Leading techno-economic modeling efforts at TNVP for advanced technologies in concerning sectors, thereby connecting technological innovations with market opportunities.
  • Development of investment themes, investment decision-making, and due diligence through technology & intellectual property assessments and market segmentation.
  • Working with TNVP companies to guide technology development, development of multi-generation product plans, and patent strategy.
  • Working across portfolios to develop a commercial and business development strategy by understanding economic and market trends, developing outlooks based existing market economy and needs, and identifying market specific growth opportunities.
  • Identifying early-stage investment opportunities, deal sourcing and providing operation and technical advice to portfolio companies.
  • Serving on Board of TNVP portfolio companies.

Vice President of Business Development

Synata Bio
02.2022 - Current
    • Identifying the market needs and growth & expansion potential for India and developing go to market and market expansion strategies.
    • Conceptualized and designed two projects that leverage fast-growing infrastructure of green hydrogen for carbon capture and utilization.
    • Due diligence covering full range of project financing aspects, including project design, technology adaptation, resource modeling, supply and off-take agreements, operation & maintenance, and techno-commercial modeling.
    • Designed 'first of kind' decarbonization projects that can disrupt and revive clean carbon technologies and decarbonize hard to abate sectors - including steel, chemicals and petrochemicals space.
    • Developing disruptive strategy and vision that can 'kick-start' and accelerate blue ethanol economy and disrupt existing value chain heavily dependent on crude-oil, thereby satisfying economic demands of growing markets without compromising on their societal responsibilities related to decarbonization.

Technical Advisor

Current Water
05.2015 - Current
    • Monitored technology infrastructure against core standards to provide technical assessment and advisory services.
    • Advised project managers on simultaneous technical workstreams, aiding in alignment of broader business goals.
    • Published technology roadmaps for multi-site facility installation, designing purchasing and installation plans based on customers' budgets and technical needs.

Visiting Lecturer

Northwestern University: Kellogg School of Management
02.2019 - Current

Visiting Lecturer

Stanford University: Graduate School of Business
09.2014 - Current

Senior Process Engineer

Fuel Tech, Inc.
08.2012 - 03.2014

Process Engineer - R&D

Elevance Renewable Sciences
06.2011 - 08.2012

Senior R&D Engineer

Gas Technology Institute
04.2006 - 06.2011

Education

Ph.D. - Chemical Engineering

Illinois Institute of Technology
Chicago
2006

Bachelor of Engineering - Chemical Engineering

Mumbai University
Mumbai
06.2000

Skills

    • Techno-Economic Evaluations, Technical Due Diligence, M&A
    • Market & Business Development and Commercial Strategy
    • Phase-marketing and Business Ramp-ups
    • Market assessment and Company leadership
      • Deal Sourcing and Opportunity identification
      • Technology Commercialization and Phase-wise Product Launch
      • Operations, Management, Investments - Startups
      • Product Development & Product line expansion

Publications

  • Dry Regenerable Metal Oxide Sorbents for SO2 Removal from Flue Gases. 1. Development and Evaluation of Copper Oxide Sorbents, Ind. Eng. Chem. Res. 2006
  • Dry Regenerable Metal Oxide Sorbents for SO2 Removal from Flue Gases 2. Modeling of the Sulfation Reaction Involving Copper Oxide Sorbents, Ind. Eng. Chem. Res. 2007
  • Dry Regenerable Metal Oxide Sorbents for SO2 Removal from Flue Gases. 3. Long Term Durability, Ind. Eng. Chem Res. 2008
  • Dry Regenerable CuO/γ-Al2O3 Catalyst for Simultaneous Removal of SOx and NOx from Flue gas, Applied Catalysis B, 2006

Patents

  • "Methods of Refining Natural Oils and Methods of Producing Fuel Compositions", United States 9,175,231, Issued November 3, 2015
  • "Methods for Suppressing Isomerization of Olefin Metathesis Products", United States US9139493, Issued September 22, 2015
  • "Process and Apparatus for Improving the Operation of Wet Scrubbers", United States 9,289,721, Issued March 22, 2016
  • "Ash Compositions Recovered from Coal Combustion Gases having Reduced Emissions of HCI and/or Mercury", United States 9,399,597, Issued July 26, 2016
  • "Processes, apparatus, compositions and systems for reducing emissions of HCI and/or sulfur oxides", United States 9,393,518, Issued July 19, 2016

Timeline

Vice President of Business Development

Synata Bio
02.2022 - Current

Visiting Lecturer

Northwestern University: Kellogg School of Management
02.2019 - Current

Technical Advisor

Current Water
05.2015 - Current

Visiting Lecturer

Stanford University: Graduate School of Business
09.2014 - Current

Partner

True North Venture Partners
03.2014 - Current

Senior Process Engineer

Fuel Tech, Inc.
08.2012 - 03.2014

Process Engineer - R&D

Elevance Renewable Sciences
06.2011 - 08.2012

Senior R&D Engineer

Gas Technology Institute
04.2006 - 06.2011

Ph.D. - Chemical Engineering

Illinois Institute of Technology

Bachelor of Engineering - Chemical Engineering

Mumbai University
Dev GAVASKAR