💨 BlueX | 12-11-2023 | NOWRDC's R&D Symposium and the First US OSW Farm Delivers Electrons

I just got back from NOWRDC’s R&D Symposium hosted by NYU and Newlab, and man was it motivating. I got a first glimpse at some of the coolest OSW tech coming up. If you like BlueTech, keep NOWRDC on your radar. They’re doing great work and the projects they are funding are awesome (in a nerdy OSW-tech kind of way).

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

💧 DigitalPaani, an Indian water management startup, raised $1.2 million in its seed round from Enzia Ventures, Climate Angles Fund, Peer Cheque, SAE, DevC, and Bharat Founders Fund. | More from Entrackr

💵 Congruent Ventures raises a new ClimateTech fund, totaling $275 million to back startups whose technologies help reduce carbon emissions. | More from the WSJ

⛽️ Blue World Technologies, an Aalborg, Denmark-based fuel cell system company, raised €11M in Pre-C-funding round from Maersk Growth, The Export and Investment Fund of Denmark (EIFO), and Cycle Group. | More from FinSMEs

More OceanTech News

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

🦐 SAIC to deliver funding boost for aquaculture research in 2024 | Seven innovation projects awarded R&D support for fish health and wellbeing | More from We Are Aquaculture

🏥 Veteran life sciences firm RA Capital spins up ‘planetary health’ team to ride climate tech wave | Partners at RA Capital realized that if they didn't try to address climate change and its health effects, their life science investments wouldn't be as impactful. | More from TechCrunch

More Ocean Sustainability News

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

🗽 South Fork Wind Becomes First Large U.S. Wind Farm to Deliver Power | New York’s South Fork Wind marked the delivery of its first power achieving a milestone for the industry that is facing well-publicized financial and operational challenges. | More from Maritime Executive

🛥 San Francisco Bay Ferry $16 Million Grant to Push Fleet Electrification | The San Francisco Bay Area Water Emergency Transportation Authority (WETA), the agency that provides San Francisco Bay Ferry service, today announced it was awarded a $16 million grant from the Federal Transit Administration (FTA) to charge up its Rapid Electric Emission-Free (REEF) Ferry Program. | More from Maritime Executive

🔌 American-led Invenergy launches Jersey Link Offshore Transmission Project | Invenergy, the leading privately held developer, owner, and operator of sustainable energy solutions, today announced the formation of Jersey Link, a renewable energy transmission initiative that will ensure a thriving New Jersey clean energy market | More from PR Newswire

OceanTech Jobs

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

🍃 Seaweed to plastics company Sway is looking for Scientists and Engineers.

🤖 Ocean floor exploration company Bedrock is looking for a VP of Finance.

📹 Ocean monitoring company Thayer Mahan is looking for an Offshore Mechanical Systems Leader.

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