Ten investors bet big on ocean-based solutions to tackle the climate crisis

The article discusses the latest trends and developments in climate technology, particularly in ocean conservation and sustainability. Here are some of the key takeaways:

1. Increased investment: Climate tech has matured in 2024, with investors favoring bigger rounds and later stages.
2. Ocean conservation: Ocean-based solutions to the climate crisis have gained significant attention, with many startups innovating in this space.
3. Policy support: Clear domestic and international policy is crucial for supporting ocean-based solutions to the climate crisis.
4. Shift to renewable energy: The shift away from fossil fuels is critical, and will likely lead to improvements in ocean health.
5. Investment in carbon removal: There are many opportunities in, on, and around the ocean to reduce emissions and draw down CO2.

Some of the specific startups mentioned include:

1. Varaha: An Indian startup that has partnered with Google to develop a large-scale biochar carbon removal project.
2. Anduril: A defense technology company that is building a billion-dollar megafactory in Ohio for its AI-powered surveillance systems.

The article also highlights some of the key challenges and opportunities facing climate tech, including:

1. Equitable solutions: The importance of creating equitable, science-led solutions to the climate crisis.
2. Regulatory frameworks: The need for clear domestic and international policy to support ocean-based solutions to the climate crisis.
3. Investment in carbon removal: The many opportunities in, on, and around the ocean to reduce emissions and draw down CO2.

Overall, the article suggests that climate tech has made significant progress in recent years, but there is still much work to be done to address the scale and complexity of the climate crisis.