2229: Patch and the Technology Scaling Unified Climate Action

Brennan Spellacy, Co-Founder, and CEO of carbon offset technology business Patch shares the story behind the company. I also learn how their technology enables customers to calculate their carbon footprint to identify and finance offset projects that capture the equivalent carbon dioxide emissions associated with that footprint. The company works with over 100 corporations and institutions, including the likes of Farfetch, Afterpay, Harvard University, and the University of Oxford. Its customer portfolio spans industries such as travel, fintech, crypto, and ecommerce. Patch is jointly headquartered in London and San Francisco, and its principal investor is American VC fund Andreessen Horowitz. We discuss how the software allows companies to choose which projects they'd like to finance to support the removal of carbon dioxide from the atmosphere, with projects ranging from reforestation and conservation projects to more high-tech, early-stage technologies like direct air capture and sequestration projects. Finally we explore the current macroeconomic landscape for climate technology founders in the UK and US right now and how Patch's technology works in practice and why it should not be viewed as an alternative to the decarbonisation of business. Tech Talks Daily Podcast Sponsor Check out Flippa, who is the show sponsor in December. Find out more information at https://flippa.com/tech-talks

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If every company is now a tech company and digital transformation is a journey rather than a destination, how do you keep up with the relentless pace of technological change? Every day, Tech Talks Daily brings you insights from the brightest minds in tech, business, and innovation, breaking down complex ideas into clear, actionable takeaways. Hosted by Neil C. Hughes, Tech Talks Daily explores how emerging technologies such as AI, cybersecurity, cloud computing, fintech, quantum computing, Web3, and more are shaping industries and solving real-world challenges in modern businesses. Through candid conversations with industry leaders, CEOs, Fortune 500 executives, startup founders, and even the occasional celebrity, Tech Talks Daily uncovers the trends driving digital transformation and the strategies behind successful tech adoption. But this isn't just about buzzwords. We go beyond the hype to demystify the biggest tech trends and determine their real-world impact. From cybersecurity and blockchain to AI sovereignty, robotics, and post-quantum cryptography, we explore the measurable difference these innovations can make. Whether improving security, enhancing customer experiences, or driving business growth, we also investigate the ROI of cutting-edge tech projects, asking the tough questions about what works, what doesn't, and how businesses can maximize their investments. Whether you're a business leader, IT professional, or simply curious about technology's role in our lives, you'll find engaging discussions that challenge perspectives, share diverse viewpoints, and spark new ideas. New episodes are released daily, 365 days a year, breaking down complex ideas into clear, actionable takeaways around technology and the future of business.