Post by Evan Loomis

60% of global electricity is still generated by fossil fuels. Despite their flaws, fossil fuels remain dominant for several reasons: they’re energy-dense, transportable, cheap, and abundant. What’s been missing is a clean alternative that shares those traits, and better yet outperforms them. We’ve never had a clean fuel that behaves like a commodity — one you can ship, store, stockpile, and rely on in any season, climate, or geography (no uranium is not this ;-) Metal fuels flip that script. They’re 2x more energy-dense, fully recyclable, and can be stored for years without loss. They don’t need pipelines or billion-dollar transmission lines and can leverage rail or ship the same way we move grain or ore. It’s a fundamentally different way to think about energy logistics that is built on materials that the world already mines, trades, and understands. Metal fuels have long been a source of academic excitement or a cult of evangelists, but the economics never made sense. Voya Energy is harnessing the power of metal fuels to deliver zero-emissions electricity with unparalleled speed and flexibility. Most importantly, they are doing it at a price per kWh that beats what’s on the market today. It’s incredible how quickly Richard Wang, Matt Horton, and Steven Kaye have taken a bold vision and begun making it a reality. Overmatch Ventures is grateful to be a small part of this journey alongside Energy Impact Partners, Founders Fund, IQT, 8090 Industries, Trust Ventures, Seven Stars, Liquid 2 Ventures, SV Angel, Brian Janous, Sheldon Kimber, and Peter Reinhardt. cc: Shayle Kann, Gregory Thiel, Rayyan Islam, Kerem Ozmen, Salen Churi, Delian Asparouhov, Aabid Razvi,