BlueX | 10-16-2023 | Cultivated Seafood and Fish Monitoring

I don’t know what to say after the events in Israel in the past week. All I can say is that I hope you and yours are well, healthy, and safe. At a time full of negativity, fear, and hate, I like focusing my energies on ways to make our world better. For me, that means this newsletter and OceanTech. I hope you find what that is for you.

On to the news . . .

Remember, if you like this free newsletter and what I’m doing with it, do me a favor and refer it to a friend OR share it on social media.

OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🐡 BlueNalu, a US-based cultivated seafood company, has raised $33.5M in a Series B round from new and existing investors to scale its cultivated toro platform ahead of its launch. | More from The Vegconomist

🐟 Wanda Fish Technologies, a FoodTech startup, raised $7M in seed funding led by Aqua-Spark with additional funding from The Kitchen Hub by Strauss Group, Peregrine Ventures, PICO Venture Partners, MOREVC and CPT Capital, bringing their total funding to $10M. | More from Pulse 2.0

🐠 WellFish Tech, a start-up providing commercial monitoring and fish health diagnostics to the aquaculture industry, has raised an investment from Ocean 14 Capital Fund to help it grow beyond diagnostics in the £3 billion aquaculture diagnostics market. | More from We Are Aquaculture

🚢 Saronic, an Austin, TX-based maritime autonomy company raised $55M in a Series A funding round led by Caffeinated Capital, with participation from 8VC, U.S. Innovative Technology Fund, Andreessen Horowitz, Lightspeed Venture Partners, Point72 Ventures, Silent Ventures, Overmatch Ventures, Ensemble VC and Cubit Capital. | More from FinSMEs

🪸 Katapult Ocean Deep Blue Fund has announced 12 early-stage investments of €150,000 to €500,000 each, accompanied by an accelerator program. | More from Impact Investor

More OceanTech News

Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:

🌿 Ocean Rainforest secures $4.5 m to ramp up Californian kelp production | Ocean Rainforest, one of the most advanced kelp farming companies in the West, has secured $4.5 million in funding from the US government, which will allow it to start producing giant kelp on a large scale in California. | More from The Fish Site

🔊 UK AI startup claims acoustics breakthrough can improve marine protection | According to the founder of startup Aqoustics, AI has reached a significant milestone by achieving human-level intelligence in the realm of underwater acoustics | More from Undercurrent News

More Ocean Sustainability News

Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:

🌊 California Governor Gavin Newsom Signs Historic Wave Energy Legislation into Law | Eco Wave Power Global AB, a leading, publicly traded onshore wave energy developer, applauds California Governor Gavin Newsom for signing California Senate Bill 605 . . . | More from PR Newswire

🍙 Coastal Carbon secures $1.6 million towards carbon credit assessment tool | Coastal Carbon has received $1.6 million in funding from Canada’s Ocean Supercluster (OSC) to develop AI-driven sensors for seaweed biomass measurement - a tool that could be used to quantify blue carbon credits. | More from The Fish Site

⛽️ First marine dual-fuel hydrogen gensets debut | The Saverys family-controlled CMB.TECH and power solutions firm DBR have debuted the first dual-fuel hydrogen gensets for marine applications. | More from Splash 247

OceanTech Jobs

There are a ton of career opportunities in this broad ecosystem. Are these right for you?

🌎 Ocean carbon monitoring company Aquatic Labs is looking for a Mechanical Engineer. (Cambridge, MA)

🛰️ Geospatial data company North.io is looking for an SDR – Sales/Business Development Representative. (Kiel, Germany)

🌤️ Marine weather sensor company Sofar Ocean is looking for a Product Designer. (San Fransisco, CA)

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