openashbyhqfoundersfactory
Founder & CEO - Industrial Shield
Founders Factory
LocationPerth, Melbourne
WorkplaceHybrid
EmploymentFullTime
Posted2026-07-16T16:02:50.894+00:00
Last observed2026-08-26 21:51:12.983728
Job idfoundersfactory-founders-factory:ashbyhq:a07c9072-16bb-4bd9-85c2-33730296d94f
FOUNDER & CEO — INDUSTRIAL SHIELD One clip, three sensors, real-time protection for the people who work in the world's toughest environments Location: Australia Start date: ASAP More about the concept here. https://docs.google.com/presentation/d/18K3lyvtmqLhjp1hZ1oxUcx-lwgsxOQvgTfe4045vZZY/edit?usp=sharing Founders Factory builds and funds startups together with exceptional entrepreneurs and the world's leading companies. Created by IPO-exited founders, we offer founders capital, operational support from a team of hands-on experts, and unrivalled access to a coalition of industry-leading corporate partners. Since 2015, Founders Factory's 450+ portfolio companies have secured 500+ pilots and commercial contracts with our partners. Our Studio partners with entrepreneurs at day one, developing new ideas, technologies and business models into high-growth companies. In partnership with a leading global industrial technology partner, we are building a new portfolio of ventures. ABOUT THE VENTURE The world's workforce is increasingly exposed. Heat stress already causes an estimated 277,000 injuries and 230 deaths a year in the EU alone, and the world has woken up to silica dust — the UK's Health and Safety Executive links around 500 construction deaths a year to silica-related lung disease, plus a further ~4,000 deaths a year from workplace-induced COPD. Yet this is still managed through "holistic risk assessment" or, at best, static environmental monitors. Today's wearables track heat or dust — never heat, dust and physical strain together. We are building IndustrialShield: one chest-worn clip carrying three sensors — particulate, gas/heat and physiological strain — worn within 300mm of the breathing zone, designed edge-compute-first so it works where mines have no connectivity, and privacy-first to earn worker trust. It turns continuous exposure into actionable, work-group-level risk profiles, sold as a per-worker subscription (~€8–14/worker/month) on two-year site contracts. The unfair advantage: our partner's sensor stack — a fanless particulate sensor no rival can match, a gas sensor and an exertion sensor — stacked per worker in a way no other silicon vendor can assemble, plus warm routes into mining operators through our partner's smart-mining network and Founders Factory's own relationships across the sector. Early buyer conversations with major miners have been strongly positive: "I haven't seen it in one unit before." OUR OFFER We don't just fund ideas — we co-build them. Join as Founder & CEO and get access to a full-stack venture studio offering designed to give you the best possible start: - €275k of spin-out capital plus a founder stipend + studio budget to build, validate, and launch - Expert Team: Hands-on support across product, growth, fundraising, AI/ML, design, legal, hiring, and more - MVP Build: Full-time venture builder(s) to help ship your first product - Accelerator: 6 months of deep operational support post-launch - Strategic Network: Intros to top-tier investors and corporate partners - Validation: A vetted concept, domain insight, and a head start in a massive market JOBS TO BE DONE As Founder & CEO, you will be responsible for turning a strong thesis into a scaled, defensible business. - Define the wedge. Decide which mining geography, buyer and procurement channel you attack first — and how construction becomes the scale-out. - Turn a thesis into a product. Work with our partner's sensor and manufacturing teams to take the three-in-one clip and its dashboard from concept to a device buyers can pilot. - Win the first customer. Convert warm introductions into a paying pilot with a major mining or industrial operator, and prove continuous group-level exposure profiling in the field. - Build the commercial model. Land the per-worker subscription motion, and test insurer co-funding and partner-led distribution. - Ride the regulatory tailwind. Turn tightening dust and heat regulation into procurement urgency w
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