BlueX | 10-7-24 Water Management AI, Water Taxis in Miami, and Marine CDR

OceanTech Friends,

My alma mater, Carnegie Mellon University, has an awesome entrepreneurship program at the Swartz Center. This week the Center’s VentureBridge program came through NY and I got to hang out with one of my favorite OceanTech startups, Aquatonomy. The tech is cool, the mission is broad, and the team is fantastic. If you’re an investor in BlueTech, keep an eye on this team.

If you’re a ClimateTech science founder, and you’ve been in a room with me for more than five minutes, you’ve probably heard me prattle on about how awesome I think Activate is. That’s because it is an awesome program! Well, this week, Activate published a piece on how OceanTech is having a moment (including a nice shout out to this newsletter). I couldn’t agree more. OceanTech is having a moment. All through NYCW you could feel the momentum.

Have a good week!

Best,
Will

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🌧 Water management tech company Pluvion raised €1M in pre-seed financing led by D11Z as well as the Start-up BW Seed Fund, and Kopa Ventures. | More from EU Startups News

More OceanTech News

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

💧 Ocean Visions Is Offering Up To $1.5M For mCDR Environmental Impact Assessment Framework | Ocean Visions has announced an investment of up to $1.5 million in the development of an Environmental Impact Assessment Framework for marine CDR (mCDR). | More from Carbon Harold

🚕 E-lixr Launches Highly Anticipated Pilot Program in Miami and Initiates Capital Raise | Innovative water taxi service E-lixr has announced the launch of its pilot program in Miami. The program is designed to test the operational efficiency of its electric water taxis, gather customer feedback, and demonstrate the environmental benefits of switching to electric marine propulsion. | More from Yachting Ventures

🔋 GeoPura Raises £22 Million to Build Out Green Hydrogen Power Unit Fleet | Clean power solutions provider GeoPura announced that it has raised £22 million (USD$29.3 million) in its inaugural debt financing round, with the new capital aimed at helping facilitate the manufacturing and deployment of over 3,600 hydrogen power units (HPUs) by 2033, the company said. | More from ESG Today

🐠 Ace Aquatec Lands Michelin Development Grant | Ace Aquatec – a Scotland-based aquaculture solutions company – has secured grant funding from the Michelin Group to support the next stage of the company’s growth and development. | More from The Fish Site

More Ocean Sustainability News

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

🐠 EU Launches €5.7 Million Blue Economy Funding, to Include Regenerative Ocean Farming and Seaweed Projects | Part of the funding is earmarked for projects demonstrating the feasibility and environmental benefits of regenerative ocean farming, including seaweed and shellfish farming, while spurring algae innovation. | More from We Are Aquaculture

♀ Women Are at the Heart of the Green Industrial Revolution | Good evening everyone, I am delighted to welcome you the inaugural Women in Green Business Awards. The first awards to celebrate the trail-blazing and inspiring work women are doing right across the UK's green economy. | More from Business Green

🔬 Who is Deep Science Ventures? | Underground fungal network restoration, insect protein, fermented marine protein. The biobased portfolio of tech venture studio Deep Science Ventures reads like a roll call of some of the trendiest areas in climate tech. | More from World Bio Market Insights

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