Hannah Sieber, CEO of Artyc, talks about the environmental impact of the cold chain, including energy usage, greenhouse gas emissions, and food waste. She introduces Artyc, a company aiming to address these challenges with a refrigerant-free battery-powered cooling system. The speakers also discuss their experiences in China and the potential to revolutionize the cold chain industry with Arctic's devices.
The cold chain is important for climate change due to energy consumption, potent greenhouse gases, and food waste.
Reducing the impact of refrigerants and optimizing the cold chain can significantly reduce emissions and mitigate climate change effects.
Artyc's refrigerant-free cooling systems improve traceability, stability, and sustainability in the cold chain industry.
Deep dives
The importance of the cold chain for climate change and its challenges
The cold chain is crucial for transporting goods that require specific temperature ranges. It plays a role in energy consumption and emits greenhouse gases. Spoilage during transport contributes to food waste and methane emissions. Arctic aims to address these challenges with its refrigerant-free battery-powered cooling system. The company focuses on improving traceability, accountability, and stability of goods in the cold chain.
The role of the cold chain in climate change and its impact on emissions
The cold chain accounts for a significant portion of global emissions, especially due to the refrigerants used. Refrigerants have high global warming potential and leakage rates, contributing to emissions. By reducing the impact of refrigerants and optimizing the cold chain, it is possible to significantly reduce emissions and mitigate the effects of climate change.
Arctic's solution: refrigerant-free cooling for the cold chain
Arctic offers battery-powered cooling systems that eliminate the need for refrigerants in the cold chain. Their devices use thermoelectrics and lithium-ion cells to cool and maintain precise temperatures for temperature-sensitive goods. The devices are reusable, provide real-time monitoring, and offer increased stability and traceability. Arctic aims to revolutionize the cold chain industry, making it more accessible, efficient, and sustainable.
Benefits and applications of Arctic's cooling solutions
Arctic's refrigerant-free cooling solutions have various benefits and applications. They extend the shelf life of products, reduce spoilage during transport, and enable the transportation of temperature-sensitive goods in various industries such as healthcare and food. The devices provide valuable data insights, optimize supply chain logistics, and offer peace of mind to customers. Arctic is continuously developing new products and expanding its offerings to cater to different use cases.
Future outlook and opportunities for Arctic
Arctic is seeking partnerships, both in the form of collaborations and investment, to accelerate its growth and expand its impact. The company is focused on developing innovative solutions to further optimize the cold chain, tackle emissions, and improve sustainability. They are actively seeking to work with partners to address challenges in the market and drive positive change in the industry.
Hannah Sieber is the CEO and Co-founder of Artyc, a refrigerant-free battery powered cooling company. In this episode, we cover the cold chain. In short, the cold chain is how goods are transported if they need to be kept in certain guaranteed temperature ranges, with different logistics mechanisms that can maintain goods such as food or medicines, anywhere from room temperature to deep freeze.
There are a few reasons why the cold chain is important for climate change. First, you can imagine that all of the refrigerated trucks, warehouses, and storage lockers use a lot of energy. Second, the refrigerants that are used to power the air conditioning or freezers that the cold chain uses are very potent greenhouse gasses with global warming potential that can be many times greater than CO2. Dry ice itself, which is often used to keep things cool, is basically pure CO2.
Third, the cold chain today is pretty broken. A significant amount of food is wasted due to spoilage during transport, which itself can generate methane emissions if it's not properly disposed of. Not to mention the embedded emissions in our agricultural processes required to grow it in the first place.
Hannah is going to tell us about all of this and how her product at Artyc aims to address these challenges while improving the traceability and accountability of goods in the cold chain. MCJ is proud to be a multiple time investor in Artyc via our venture capital funds.
In this episode, we cover:
[02:23]: Hannah's background living and working in China
[07:44]: Founding EcoFlow with team from DJI to improve drone battery life
[10:36]: Hannah's return to school for an earth science degree
[12:10]: Her thesis on California power shutoffs and intersection with cold chain
[16:06]: Overview of the cold chain, how it works, and where it breaks down
[19:29]: Four different cold chains: ambient, refrigerated, frozen, and deep freeze cryo
[22:29]: High global warming potential of refrigerants and tradeoff with ozone depleting refrigerants
[29:33]: Artyc's mission of building refrigerant-free battery-powered cooling devices
[31:26]: Their focus on durability, precise temperature control and stability
[33:43]: Imagining an "infrastructureless" cold chain
[41:38]: Use cases in healthcare and beyond
[43:51]: Artyc's funding journey from grants to recent Series A
[45:13]: Hiring and partnerships in developing new products
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Episode recorded on Sep 28, 2023 (Published on Nov 9, 2023)
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