Over three billion people around the world rely on fish as their primary source of protein and millions rely on the ocean for their livelihood.
However, 85 percent of the world’s marine stocks are either fully exploited or overfished, meaning "that the stock of available fishing waters are being depleted faster than they can be replaced," driving accelerated growth in the farmed seafood industry. Almost half of the seafood we consume come from farms within aquaculture, which is the fastest growing production system in the world. However, it does not come without potential negative effects on the wild fish population, marine habitats, water quality or the society.
In the years between 2018 and 2022, there has been good progress in combating illegal, unreported, and unregulated fishing, as well as adoption of regulatory frameworks supporting small-scale fisheries.
Even so there are still issues related to increased acidification and decreasing pH-levels. Ocean acidification is the consequence of uptake of atmospheric CO2 by the ocean, resulting in a decreasing pH level. Therefore, negatively affecting not only marine organisms and ocean services but also human beings as the ocean supplies half of the oxygen we breathe.
Luckily there are initiatives, people and companies working for a more responsible and sustainable way of preserving the oceans and the life therein and around. For instance, Aquabyte - a Norwegian company who is radically changing the way we cultivate fish - by using machine learning and artificial intelligence to collect and analyze data in real-time they manage to improve fish health, performance, and the environment.
At ClimatePoint we’ve set up a vertical targeting the maritime industry specifically, both on and below the water line. Explore the solutions or contact us for more information.
Negative macroeconomic trends can't stop Kale on their mission to feed the world sustainably.
Evyon is a Norwegian-based startup on a mission to enable the reused battery revolution for a fully renewable future for everyone.
Solar Foods, a Finnish startup, is developing protein out of thin air. Grown without farming and only in need of a fraction of the land, water and energy that animals or plants would need. The protein, Solein, can be produced anywhere, as long as there's access to air and electricity.
Carbon Crusher is working to solve a big part of the global infrastructure problem while reducing carbon emissions and connecting people safely.
Parkdressen is challenging the traditional clothing industry, moving the consumer from the buy and toss mentality, to leasing and a more circular way of buying and using clothes.
Spoor is a fast-growing software company on a mission to enable industry and nature to coexist. Their software uses cutting-edge computer vision and AI to detect, track and classify birds in wind farms to help developers and operators gain insight and guide mitigation measures.
For the month of June we’d like to present Humble Bee Bio as technology of the month. They want to tackle plastic pollution by synthesizing the biology of bees to make novel bioplastics.
For the month of May, we'd like to highlight the Norwegian industrial company Miljø Norge, established in 2021. Their goal is to increase the circularity of products, and they're starting with fire extinguishers. Their vision: Save lives and the environment.
Heirloom Carbon Technology is developing novel, direct air capture technology to extract CO2 directly from the ambient air using common minerals.
Antora Energy delivers zero-carbon industrial heat and power. The thermal energy is delivered to costumer as electricity or industrial process heat up to 1500°C. Making a significant change towards eliminating their client's scope 1 and scope 2 emissions.
In February, Kale United, a part of our Green River Fund and a holding company making impact investments in game-changing vegan businesses, expanded their portfolio with a second investment round. They selected 12 companies working to increase the availability of plant-based consumer goods.
For the month of February, we would like to present Hyperion Robotics as the technology of the month. They are on a mission to bring efficiency and sustainability to the way concrete structures are being made.
Sirken is a company that makes reuse practical. Sirken stands for circular engagement and that’s what they do. Engage!
From time to time, we would like to present startup companies fighting climate change and evolving the new solutions of tomorrow. This month, we have selected Hayk, a green mobility company, challenging the way we own and use our cars today.
Veganz got listed as an IPO just this week. The company is now traded on the Frankfurt Stock Exchange and the IPO represents the first of its kind for a Kale United portfolio company.
With all of the latest craze in emission reductions, it can be extremely difficult to decide where is best to place your company’s hard-earned cash when trying to mitigate your carbon footprint.
This week ClimatePoint passed a massive milestone; We made our very first investment into new sustainable climate solutions. Though initially small, ClimatePoint is now owner in many companies which, among others, include Beyond Meat Inc., e.l.f Beauty Inc., and Mighty Pea