CleanTechies

Unlocking the Power of Oceanic Carbon Capture w/ Ben Swainbank (Oceanid MRV)

April 21, 2023 Silas Mähner - Renewables, ClimateTech, & ESG Headhunter Season 1 Episode 94
Unlocking the Power of Oceanic Carbon Capture w/ Ben Swainbank (Oceanid MRV)
CleanTechies
More Info
CleanTechies
Unlocking the Power of Oceanic Carbon Capture w/ Ben Swainbank (Oceanid MRV)
Apr 21, 2023 Season 1 Episode 94
Silas Mähner - Renewables, ClimateTech, & ESG Headhunter

Forget Fan Mail, Fan Text Us! 💬

Today we are joined by the founder of Oceanid MRV, Ben Swainbank. 

For context, carbon capture and the measurement of how much is captured is something pretty well solved in forestry and direct air capture. However, for oceanic capture, it is not. This presents a big dilemma as Oceanic Carbon Capture is widely regarded as the most scalable method to pull carbon out of the air at a gigaton scale. 

Ben today talks to us about how he and his team are working on formalizing and certifying the amount and quality of carbon captured through such oceanic projects. 

This conversation was super helpful for understanding why oceanic pathways are important as well as the challenges of measuring the work done in a manner that is accurate and sufficient to certify. 

An interesting takeaway from this episode is how Ben, as a non-scientist, is building a company in a scientific space but is doing it by surrounding himself with a team of oceanographers and then bringing together the science and the commercial side of things. 

Early on in the show he also walked us through the steps he took to decide if this was a space he should go deeper on. This was a very helpful framework for any aspiring ClimateTech founders. 

We hope you enjoy this episode of the show! 

Topics: 

  • 1:44 Intro and origin story
  • 7:18 CDR Industry as a whole
    • Trees
    • DAC
    • Ocean
  • 9:17 Marine Pathways
    • Biomass Cultivation
    • Direct Ocean Capture
    • Ocean Alkalinity Enhancement
  • 11:53 How they capture carbon and measure it
  • 14:04 Ocean Measurements
  • 18:00 Durability of ocean capture
  • 22:13 Starting the company
  • 29:19 How their model works
  • 33:04 The fundraising process
  • 37:31 Advice to ocean MRV science startups
  • 41:42 Making the jump to be a full-time entrepreneur
  • 47:37 Starting a biz as a non-science founder
  • 51:55 Corporate / Gov incentives
  • 57:01 Closing thoughts 

Links: 

__________

We are proud to continue working with NextWave as our official show sponsor for this podcast. NextWave and all of its staff are highly motivated to advance the ClimateTech revolution and are constantly innovating ways that they can help affect that transition. F

Support the Show.

Every ClimateTech Entrepreneur needs a reliable partner for their legal needs. Why settle for less than the best? 💪🏽

Reach out to Goodwin Law today; the
law firm of choice for hundreds of ClimateTech Entrepreneurs worldwide. They have you covered from funding docs to offtake contracts to IPO and M&A support. GoodwinLaw.com (and tell them CleanTechies sent you!)

CleanTechies Super Subscriber
Support the show & get subscriber-only content.
Starting at $5/month Subscribe
Show Notes

Forget Fan Mail, Fan Text Us! 💬

Today we are joined by the founder of Oceanid MRV, Ben Swainbank. 

For context, carbon capture and the measurement of how much is captured is something pretty well solved in forestry and direct air capture. However, for oceanic capture, it is not. This presents a big dilemma as Oceanic Carbon Capture is widely regarded as the most scalable method to pull carbon out of the air at a gigaton scale. 

Ben today talks to us about how he and his team are working on formalizing and certifying the amount and quality of carbon captured through such oceanic projects. 

This conversation was super helpful for understanding why oceanic pathways are important as well as the challenges of measuring the work done in a manner that is accurate and sufficient to certify. 

An interesting takeaway from this episode is how Ben, as a non-scientist, is building a company in a scientific space but is doing it by surrounding himself with a team of oceanographers and then bringing together the science and the commercial side of things. 

Early on in the show he also walked us through the steps he took to decide if this was a space he should go deeper on. This was a very helpful framework for any aspiring ClimateTech founders. 

We hope you enjoy this episode of the show! 

Topics: 

  • 1:44 Intro and origin story
  • 7:18 CDR Industry as a whole
    • Trees
    • DAC
    • Ocean
  • 9:17 Marine Pathways
    • Biomass Cultivation
    • Direct Ocean Capture
    • Ocean Alkalinity Enhancement
  • 11:53 How they capture carbon and measure it
  • 14:04 Ocean Measurements
  • 18:00 Durability of ocean capture
  • 22:13 Starting the company
  • 29:19 How their model works
  • 33:04 The fundraising process
  • 37:31 Advice to ocean MRV science startups
  • 41:42 Making the jump to be a full-time entrepreneur
  • 47:37 Starting a biz as a non-science founder
  • 51:55 Corporate / Gov incentives
  • 57:01 Closing thoughts 

Links: 

__________

We are proud to continue working with NextWave as our official show sponsor for this podcast. NextWave and all of its staff are highly motivated to advance the ClimateTech revolution and are constantly innovating ways that they can help affect that transition. F

Support the Show.

Every ClimateTech Entrepreneur needs a reliable partner for their legal needs. Why settle for less than the best? 💪🏽

Reach out to Goodwin Law today; the
law firm of choice for hundreds of ClimateTech Entrepreneurs worldwide. They have you covered from funding docs to offtake contracts to IPO and M&A support. GoodwinLaw.com (and tell them CleanTechies sent you!)