A podcast show about startups building sustainable futures.
E007 – EU Greenwashing Law, Vertical Farming & Investment News and Joost den Haan, CEO and Co-Founder at Planblue about how to map the Seafloor with underwater Satellites

E007 – EU Greenwashing Law, Vertical Farming & Investment News and Joost den Haan, CEO and Co-Founder at Planblue about how to map the Seafloor with underwater Satellites

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Thomas Riedel
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Joost den Haan

Interview

In today’s interview, I’m talking to Co-Founder and CEO of planblue Joost den Haan. The Bremen-based startup with a Dutch CEO and international team is engaged in mapping the seafloor. Thanks to specially developed sensor technology, they can do this with unprecedented precision. And this precision is needed if one wants to make accurate calculations about the state of the sea and the seabed. And just how important the seabed is is shown by this surprising fact: Seagrass is 35 times better at storing carbon than the rainforest. Look forward to an exciting interview with Joost den Haan who is norn below the ocean surface, as they build a global seafloor database with underwater satellites.

News

The EU Commission has presented a law against greenwashing that is to apply to all product groups. This is about voluntary claims of a product, which according to a study are said to be misleading to 50 percent. The law is intended to give tricksters no more chance and to reward companies that really do something sustainable. Environmental protection movements criticize the draft as completely watered down. In particular, they criticize the lack of regulation of the term carbon neutral.

The Munich-based vertical farming company Agrilution is giving up „due to lack of economic perspective“, as deutsche-startups.de reports. The company already slid into insolvency in 2019 but was then rescued by Tengelmann Ventures. Now, however, the complete end is in sight.

And there is also bad news from the Berlin vertical farming unicorn Infarm. They presented the annual report of 2021. According to this, a loss of 127.8 million euros was made on sales of 8.1 million euros. The figures from the previous year don’t look flowery either: In the previous year, sales of 3.8 million euros and a loss of 74.5 million euros were made. High personnel costs were to blame here. That’s why the company recently cut its workforce by 500.

GreenTech Invests:

Biopolymer startup AMSilk is taking home 54 million euros in a Series C investment. The Bavarian company aims to scale up and expand commercial operations of its bio-fabricated silk protein materials, as Tech.eu reports.

And TechCrunch reports exclusively on an investment in Darmstadt-based startup Magnotherm. The original plan was for an investment of €5 million, but that was ultimately exceeded with €6.9 million. The startup is developing a magnetic cooling unit that is supposed to be free of pollutants and is not in danger of exploding. Sounds good to me!

Shownotes

Musik

Symphonische Musik von: Scott Buckley, Track: Emergent. Lizensiert unter Creative Commons BY 4.0

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