Running Tide Overview
- Year Founded
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2017
- Status
-
Out of Business
- Employees
-
67
- Latest Deal Type
-
Out of Business
Running Tide General Information
Description
Operator of a global ocean health company intended to deploy nature-based interventions that remove carbon and combat ocean acidification. The company designs and develops integrated software and hardware systems, including monitoring and measurement technology and uses photosynthesis, ocean currents, and gravity to store carbon in the deep ocean, enabling companies to improve the health of the world's oceans and amplify the natural restorative power of the ocean.
Contact Information
Website
www.runningtide.comCorporate Office
- PO Box 10304
- Portland, ME 04104
- United States
Corporate Office
- PO Box 10304
- Portland, ME 04104
- United States
Running Tide Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Out of Business | 19-Jun-2024 | Completed | Out of Business | |||
| 8. Accelerator/Incubator | 11-Jul-2023 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 01-Jul-2023 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series B) | 01-Sep-2022 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 01-Feb-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B1) | 22-Dec-2021 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 04-Nov-2019 | $11.2M | $15.2M | Completed | Generating Revenue | |
| 1. Seed Round | 23-Feb-2018 | $4M | $4M | Completed | Generating Revenue |
Running Tide Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed 2 | 7,817,829 | $0.000100 | $0.04 | $0.44 | $0.44 | 1x | $0.44 | 19.17% |
| Seed 1 | 2,092,354 | $0.000100 | $0.02 | $0.26 | $0.26 | 1x | $0.26 | 5.13% |
Running Tide Patents
Running Tide Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024050337-A1 | Systems and methdos for sequestering carbon dioxide and neutralizing acidification of natural water bodies | Inactive | 29-Aug-2022 | ||
| WO-2024026506-A1 | Systems and methods for sequestering carbon dioxide and neutralizing acidification of water bodies using alkaline fluids | Inactive | 29-Jul-2022 | ||
| WO-2023212567-A1 | Methods for using metal silicate materials for carbon sequestration | Inactive | 25-Apr-2022 | ||
| AU-2023237902-A1 | Floating substrates for offshore cultivation of target products and methods of making and using the same | Pending | 24-Mar-2022 | ||
| WO-2023183911-A1 | Floating substrates for offshore cultivation of target products and methods of making and using the same | Inactive | 24-Mar-2022 | A01G33/00 |
Running Tide Signals
Running Tide FAQs
-
When was Running Tide founded?
Running Tide was founded in 2017.
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Where is Running Tide headquartered?
Running Tide is headquartered in Portland, ME.
-
What is the size of Running Tide?
Running Tide has 67 total employees.
-
What industry is Running Tide in?
Running Tide’s primary industry is Aquaculture.
-
Is Running Tide a private or public company?
Running Tide is a Private company.
-
What is Running Tide’s current revenue?
The current revenue for Running Tide is .
-
How much funding has Running Tide raised over time?
Running Tide has raised $71.7M.
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