Running Tide is an exciting startup I stumbled upon while researching how Fintech companies are innovating to reduce our carbon footprint. According to their website, Running Tide develops technologies focused on three key areas important for carbon reduction:
- Rebuilding Food Systems: Modernizing shellfish farming to enable more scalable oyster production. Oysters are 99% less carbon emitting than traditional livestock production.
- Carbon Removal: Perhaps the most potent of their technologies, Running Tide can accelerate the carbon cycle by sequestering carbon using sea kelp that sinks to the bottom of the ocean.
- Coastal Rebuilding: Rebuilding food systems means “rewinding” the coastal habitats.
While the business model is unclear, the firm cites a few notable investors and VCs backing them up. I’ll be interested in following their path to growth!