Skip to main content

Can you make diamonds faster and cheaper? A Silicon Valley startup says yes

can you make diamonds faster and cheaper a silicon valley startup says yes screen shot 2015 11 14 at 12 37 25 pm
Image used with permission by copyright holder
Supply may start catching up to, or even outpacing, demand in the diamond industry if Silicon Valley startup Diamond Foundry has its way. The celebrity-backed startup in Santa Clara, California was born in the lap of luxury, but it may be looking to spread the wealth around with diamonds that are “grown” in just two weeks.

For the last three years, Diamond Foundry has been hard at work bringing this ambitious dream to fruition, and now, by harnessing both  solar and chip technology, it just may have succeeded. So if diamonds really are a lady’s best friends, we better prepare to seriously expand our social circle.

Synthetic diamonds are no new development, but the rapidity with which Diamond Foundry claims they can now be manufactured is certainly a novel development. According to the startup, the breakthrough came in the form of a plasma that has the ability to catalyze the attachment of atoms to a very thin sliver of earth-extracted diamond (the real kind). As the atoms grow on top of one another (sort of like rock candy?), the growing layers turn into “pure, cultured, jewelry-grade diamond.”

A number of backers have been drawn to Diamond Foundry for its laudable mission and assistance in providing an alternative to the infamous blood diamond trade. Leonardo DiCaprio, for one, has said that he’s impressed by the company’s hopes of “reducing the human and environmental toll of the diamond industry by sustainably culturing diamonds without the destructive use of mining.”

Moreover, the New York Times reports that “Diamond Foundry will buy solar power credits to reduce its carbon footprint to zero to help support its claim that it will offer a ‘sustainable’ alternative to mined diamonds.”

Despite the fact that Diamond Foundry just had its public launch on Wednesday, the start-up has already raised nearly $100 million from a number of very notable investors. Rather than attempting to both manufacture and design with diamonds, Diamond Foundry is keeping its head in just one part of the game, and has actually created an online marketplace for around 200 jewelry designers, most of whom aren’t big names like Tiffany’s or De Beers, and who receive “100 percent” of the profits from the jewelry they design with Diamond Foundry’s diamonds. Well, except for the cost of the diamonds, of course, which they must pay back to the startup.

“[Ours] are pure diamond, just like industrially mined diamonds,” Diamond Foundry told Business Insider. “But ethically and morally pure as well.” So own that sparkle. This time, you know where it came from.

Lulu Chang
Former Digital Trends Contributor
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
4 simple pieces of tech that helped me run my first marathon
Garmin Forerunner 955 Solar displaying pace information.

The fitness world is littered with opportunities to buy tech aimed at enhancing your physical performance. No matter your sport of choice or personal goals, there's a deep rabbit hole you can go down. It'll cost plenty of money, but the gains can be marginal -- and can honestly just be a distraction from what you should actually be focused on. Running is certainly susceptible to this.

A few months ago, I ran my first-ever marathon. It was an incredible accomplishment I had no idea I'd ever be able to reach, and it's now going to be the first of many I run in my lifetime. And despite my deep-rooted history in tech, and the endless opportunities for being baited into gearing myself up with every last product to help me get through the marathon, I went with a rather simple approach.

Read more
This bracelet helps you fall asleep faster and sleep longer
woman-in-bed-wearing-twilight-apollo-on-ankle

This content was produced in partnership with Apollo Neuroscience.
Have you been struggling to get the recommended seven hours of sleep? It's always frustrating when you get in bed at a reasonable time, then toss and turn for a hours before you actually sleep. The quality of that sleep is important too. If you're waking up multiple times during the night, you're likely not getting the quality REM cycle sleep that truly rejuvenates your body. If traditional remedies like herbal teas and noise machines just aren't helping, maybe it's time to try a modern solution. Enter the Apollo wearable.

Now we understand being a little skeptical. How can a bracelet on your wrist or ankle affect your sleep patterns? Certainly the answer to a better night's sleep can't be so simple. We considered these same things when we first heard of it. We'll dive deeper into the science behind the Apollo wearable, but suffice it to say that many people have experienced deeper, uninterrupted sleep while wearing one.
A non-conventional approach to better sleep

Read more
The 11 best Father’s Day deals that you can get for Sunday
Data from a workout showing on the screen of the Apple Watch Series 8.

Father's Day is fast approaching and there's still time to buy your beloved Dad a sweet new device to show him how much you love him. That's why we've rounded up the ten best Father's Day tech deals going on right now. There's something for most budgets here, including if you're able to spend a lot on your loved one. Read on while we take you through the highlights and remember to order fast so you don't miss out on the big day.
Samsung Galaxy Tab A8 -- $200, was $230

While it's the Plus version of the Samsung Galaxy Tab A8 that features in our look at the best tablets, the standard variety is still worth checking out. Saving your Dad the need to dig out their laptop or squint at a small phone screen, the Samsung Galaxy Tab A8 offers a large 10.5-inch LCD display and all the useful features you would expect. 128GB of storage means plenty of room for all your Dad's favorite apps as well as games too. A long-lasting battery and fast charging save him the need for a power source too often too.

Read more