Smart Shipping Startup Nautilus Gets Microsoft Climate Investment

Nautilus Labs closed $34 million in funding from investors including the Microsoft Climate Innovation Fund. The company plans to use its funding to improve shipping industry efficiency with its software. Nautilus CEO Matt Heider joined Cheddar News to talk about how it tackles the carbon emissions in the global supply chain. "We've seen on 10-day voyages saving $60,000 worth of fuel just by managing speed with greater confidence around the future. The environmental impact of that is also huge," he said. "Saving that amount of fuel is a kind of taking over 1000 cars off the road this year."

Apr 8, 2022

More Videos

Tik Tok Ban Passed in Foreign Aid Bill. What's Next?

The U.S is one step closer to potentially banning Tik Tok.

These Clean Energy Stocks Are Always in the Green

Make every day Earth Day by helping the U.S. make the switch to clean energy. Bonus: It’s inflation proof.

Harbor is Redefining Baby Monitoring without Biometrics

Parents have relied on biometric monitoring devices to track their infants. Experts caution against their use, citing potential risks.

After Israel’s Attack on Iran, It’s Good Time to Invest Internationally

We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.

Bitcoin Halving Is Today: Here’s What that Means

Bitcoin halving typically raises the value of the cryptocurrency – and it could be an ‘exemplary’ hedge against inflation.

How Two Companies are Using Tech and AI to Squash Bedbug Infestations

With an uptick in bedbug infestations, two companies, Spotta and Comcast’s Machine-Q, are joining forces and using tech and AI to squash this problem.

Why Aren’t There More IPOs? Blame Fed Chair Powell (And Those Rates)

After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.

With An Increasing Demand In Mental Health Services, This CEO Wants To Use Tech To Change the Therapy Game

With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.

Trending Now