Running Tide Revenue and Competitors

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.