RunningTide
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RunningTide

https://www.runningtide.com/
Last activity: 17.06.2024
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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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Location: United States, Maine, Portland
Employees: 51-200
Founded date: 2017

Investors 9

Mentions in press and media 12

DateTitleDescription
17.06.2024Carbon removal startup Running Tide to shut downfigcaption>span]:font-sans" data-chromatic="ignore"> Carbon removal startup Running Tide, backed by Lowercarbon Capital, is shutting down, citing an inability to secure financing. Why it matters: Climate tech investors ...
10.06.2024Green Boy’s impact report sheds light on food supply chain emissionsTo enhance transparency regarding the environmental impact of the food supply chain, Green Boy, a global supplier of plant-based food ingredients, has published a comprehensive overview of their company's CO2e emissions. “A recent article i...
09.06.2024Sponsored Post Green Boy’s Impact Report Sheds Light on Food Supply Chain EmissionsTo enhance transparency regarding the environmental impact of the food supply chain, Green Boy, a global supplier of plant-based food ingredients, has published a comprehensive overview of the company’s CO2e emissions. “A recent article in ...
10.03.2023Microsoft bets on algae to mitigate its growing carbon footprintLike all of its peers in the tech industry, Microsoft has a carbon pollution problem. The software giant’s emissions are on the rise, in spite of a pledge from the company to be carbon negative by 2030. This ticking clock explains Microsoft...
13.02.2023Running Tide Selects Deloitte to Review its Carbon Removal System to Increase Transparency and VerifiabilityRunning Tide and Deloitte announce their cooperation in the form of an independent review of key components of Running Tide’s carbon removal system towards the generation of high quality carbon removal credits. Transparency and independent ...
15.10.2022Software won’t solve the climate crisis: Deep tech investment is neededDid you miss a session from MetaBeat 2022? Head over to the on-demand library for all of our featured sessions here. In 2011, Marc Andreessen famously wrote that “software is eating the world,” predicting that software companies would disru...
13.09.2022Why We Invested in PatchEnergize Ventures is proud to lead the $55 million Series B investment in Patch, the API-powered digital backbone for carbon markets and other regulated emissions, marking our second investment in carbon market infrastructure. A16z, Coatue,...
14.06.2022And Suddenly, The Race For Carbon Capture Is Oncarbon Anete Lusina
29.01.2022CEO is making climate-solution tools accessible with app that tracks, personalises your carbon footprintSanchali Pal started working on Joro full-time in 2019. Courtesy of Joro Sanchali Pal is the founder and CEO of Joro, a climate-impact app that launched in April 2020. Joro offers personalised climate-solution tools, including an automated ...
27.01.2022This CEO is making climate-solution tools more accessible with an app that tracks and personalizes your carbon footprintSanchali Pal started working on Joro full-time in 2019. Courtesy of Joro Redeem now Sanchali Pal is the founder and CEO of Joro, a climate-impact app that launched in April 2020. Joro offers personalized climate-solution tools, including an...
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