RunningTide
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RunningTide

https://www.runningtide.com/
Last activity: 16.08.2023
Categories: BuildingFutureGreenTechGrowthHealthTechITProductionRoboticsSpaceWaterTech
At Running Tide, we build technologies that allow us to harness the power of the ocean to build a climate positive future. Oceans represent two-thirds of the Earth’s surface and have an understated role to play in the future of our life on Earth. Once abundant marine ecosystems and thriving coastal communities are now suffering due to pollution, ocean acidification and declining water quality. At Running Tide, we have experienced this firsthand, and we know the problem won't solve itself. That’s why we are building technologies to accelerate, scale and optimize the naturally restorative benefits of shellfish and kelp in the ocean. Our technologies enable us to rebuild food systems that are zero carbon and provide positive ecosystem services. Our shellfish production is mostly automated, entirely data-driven, and takes up a only a fraction of the space as traditional shellfish operations. Shellfish are the optimal protein for a growing population because they are delicious, healthy, and climate positive. We are also building the most efficient carbon removal system in the world. Kelp is a macroalgae that absorbs CO2 from the water as it grows. Using ocean currents and gravity we sink the kelp and its embodied carbon to the deep ocean where it remains for thousands of years. Our technologies enable us to reduce the cost, predict outcomes, and massively scale carbon removal. Using our technologies and production capabilities of our shellfish and kelp hatcheries, we also restore Blue Carbon habitats in coastal ecosystems. Our coastal shellfish reefs, kelp forests and seagrass meadows are engines for biodiversity and job creation, however these ecosystems are severely degraded all over the world. These ecosystems drive direct economic value to coastal communities and protect our coasts from storms and erosion. Only active restoration efforts will bring these systems back into balance, giving future generations the opportunity to benefit from the ocean's bounty.
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Mentions
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Location: United States, Maine, Portland
Employees: 51-200
Founded date: 2017

Investors 9

Mentions in press and media 9

DateTitleDescriptionSource
10.03.2023Microsoft bets on algae to mitigate its growing carbon footp...Like all of its peers in the tech industry, Microsoft has a carbon pollution problem. The software g...techcrunch...
13.02.2023Running Tide Selects Deloitte to Review its Carbon Removal S...Running Tide and Deloitte announce their cooperation in the form of an independent review of key com...aithority....
15.10.2022Software won’t solve the climate crisis: Deep tech investmen...Did you miss a session from MetaBeat 2022? Head over to the on-demand library for all of our feature...venturebea...
13.09.2022Why We Invested in PatchEnergize Ventures is proud to lead the $55 million Series B investment in Patch, the API-powered dig...energizeca...
14.06.2022And Suddenly, The Race For Carbon Capture Is Oncarbon Anete Lusinaforbes.com...
29.01.2022CEO is making climate-solution tools accessible with app tha...Sanchali Pal started working on Joro full-time in 2019. Courtesy of Joro Sanchali Pal is the founder...businessin...
27.01.2022This CEO is making climate-solution tools more accessible wi...Sanchali Pal started working on Joro full-time in 2019. Courtesy of Joro Redeem now Sanchali Pal is ...businessin...
27.09.2021How billionaire Chris Sacca’s $800 million fund plans to tac...Subscribe to Fortune Daily to get essential business stories delivered straight to your inbox each m...fortune.co...
09.02.2021Leading Ocean Scientists to Advise, Evaluate Running Tide’s ...“Ocean Visions involvement is critical to our mission at Running Tide” says Marty Odlin, Running Tid...prweb.com/...

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