Priya patelTLDR:
– UK startup Real Ice is seeking funding to support its mission of restoring Arctic sea ice. The company is in the testing phase of its AquaFreeze technology, which uses underwater drones to create openings in the ice and spray water onto the surface to increase thickness and longevity.
– Real Ice is exploring multiple avenues to secure capital, including cooling credits similar to carbon credits that measure the cooling impact of environmental interventions.
Real Ice, a UK-based startup, is seeking funding to support its mission of refreezing Arctic sea ice. The company has developed technology called AquaFreeze, which uses underwater drones to create openings in the ice and spray water onto the surface to increase the thickness and longevity of the ice. Real Ice is currently in the testing phase of this technology, with a focus on conducting trials in the harsh Arctic conditions. The company’s team of engineers, operators, and climate scientists, backed by leading Arctic research and sea ice experts, are preparing for these pivotal trials. Funding is a key focus for Real Ice at this stage, with the company exploring various options to secure the necessary capital. One potential avenue is the use of cooling credits, which are similar to carbon credits but measure the cooling impact of environmental interventions. Real Ice is also looking to tap into the growing interest in green and sustainable investments. By restoring Arctic sea ice, Real Ice aims to help slow global warming and mitigate the effects of climate change.
