BlueX | 2-19-24 | Captain Fresh Raises $25MM and Sway Raises $5MM for Algae Packaging

Hello friendly-fish-fellows!

Before we get into the BlueTech news, I want to share a special opportunity. Non-profit WaterCitizen is hosting a water startup pitch and investor matching event in Washington DC on March 19th. If you are a water-focused startup, I recommend checking it out.

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🦐 Seafood tech startup Captain Fresh raised $25 MM as part of an extension of their Series C round with Nekkanti seafoods group and British International Investment (BII). | More from Entrackr

🌿 Seaweed based packaging startup Sway raised $5 MM led by Third Nature Investments, The Helm, Alante Capital, Bam Ventures, and Superorganism | More from Yahoo News

🦠 Dutch micro-algae producer Phycom raised €1.75 MM from ROM Utrecht Region. | More from Silicon Canals

💨 Offshore wind software insight firm Aegir Insights raised €8.5 MM led by Seaya Andromeda with Climentum Capital. | More from EU Startups News

🚣‍♂️ Boat repair and maintenance marketplace company Boat Planet raised $1.2 MM in seed funding led by 46 Venture Capital with Ascend Venture Capital and Quad 2 Capital. | More from PR Newswire

OceanTech News

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

🐚 The Startup That Plans to Reduce Antibiotic Use in Aquaculture | Chilean biotech startup Aquit is developing a preventative treatment against infections in fish that boosts natural immunity, improves survival rates and replaces the need for antibiotics. | More from The Fish Site

🚢 This UK Startup Can Capture 95% of a Ship’s Carbon Emissions | The tech could help solve shipping’s carbon conundrum. | More from The Next Web

💰 WovenEarth Ventures Closes $152M US Early-Stage Climate Tech Fund of Funds | WovenEarth Ventures held the final close of its first fund, WovenEarth Fund I at $152M on January 31st, hitting its hard cap. | More from PR Newswire

More Ocean Sustainability News

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

🍃 Algal Startup Prepares for Commercialisation | MiAlgae, a Scottish startup that grows algae using by-products from the whisky industry to make a product rich in omega-3 . . . | More from The Fish Site

🦈 After a Brutal Accident, a High-Flying Tech CEO Decided to Invest in the Ocean | With 'a merry band of ocean partners,' the mogul is targeting the seafood, aquaculture, technology and climate space with a new venture capital fund. | More from Intrafish

🌊 Wavepiston Opens Capital Raise to Back Wave Energy System | Denmark’s Wavepiston has opened its next capital raise with the aim of supporting the critical objectives of operating its full-scale wave energy system, among other things. | More from Offshore Energy

OceanTech Jobs

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

🤖 Maritime autonomy firm MAHI is looking for a Robotics Engineer.

🧫 Cell cultured seafood firm Blue Nalu is looking for a Senior Bioprocess Engineer.

⚙️ AI-based propulsion technology company Frugal Technologies is looking for a CEO.

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