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- BlueX | 4-14-24 | Captura Ramps up a Series A and OceanHub’s Accelerator Cohorts
BlueX | 4-14-24 | Captura Ramps up a Series A and OceanHub’s Accelerator Cohorts
Plus Hatch Blue, Motion Ventures, and Floating Solar
Will Lutz
April 15, 2024
Happy Tax Day (for my American readers),
Seaking Blue’s Delaney Demark, Propeller’s Jake Russell, and I are organizing an NYC OceanTech Summit May 16th and 17th with the Vendée Globe’s stop in NYC. We will be showcasing and celebrating BlueTech in the Big Apple.
Are you a researcher with an OceanTech innovation? Join our presentation competition for a cash prize!
Are you a startup in OceanTech? Table at our expo to meet investors and talent!
Are you a ClimateTech investor/VC/angel? Apply for access to our exclusive investor-only panel discussion on opportunities in the Blue Economy!
Registration and details on the website: https://oceantechsummitnyc.com/
-Will
About this Newsletter: BlueX is a weekly newsletter that scours the internet for venture and startup news as well as jobs related to OceanTech.
OceanTech Fundings
The main event. Startup investment announcements in OceanTech.
🐡 Ocean CDR company Captura expanded its Series A to US$45.3M, adding National Grid Partners and Japan Airlines Innovation Fund/Translink Capital to it’s already impressive list of investors. | More from FinSMEs
🎣 Antibiotics in aquaculture alternative company Peptobiotics raised $6.2 million in Series A. | More from The Fish Site
🌽 Water scarcity in AgTech company Weenat raised €8.5 million in Series C from ECBF, Pymwymic, LIBERSET, and IDIA Capital Investissement. | More from EU Startups News
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
🌍 OceanHub Africa Launches 5th Acceleration Programme for Ocean-Minded Startups | The Pan-African accelerator is seeking startups in Africa who have a positive direct or indirect impact on the ocean to apply for their eight-month acceleration program. | More from BizCommunity Africa
💧 Hatch Blue Seeks Startups for New Funding Program | Company will invest $75,000 in each successful applicant, with a possibility of follow-on investments from its funds. | More from Undercurrent News
🤑 Maritime-Focused Venture Capital Fund Reaps Rewards in Singapore | Motion Ventures launched in 2021 and is already earning a return on investment | More from Tradewind News
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
🇵🇱 Baltic Sea’s Largest Offshore Wind Farm Advances Towards Auction | With the construction of Poland’s largest offshore wind farm in the Baltic Sea on course, Equinor and the Polish utility company Polenergia have applied for an environmental approval for the connection infrastructure of the Baltyk I offshore wind project. | More from Maritime Executive
🌞 Indonesia’s First Marine Floating Solar Power Plant Prototype Launched | The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched, backed by funding from Innovative UK. | More from Offshore Energy
🇺🇸 $19 Million For Innovative Solar Panel Installation Over Canals From Investing In America Agenda | Projects funded from President Biden’s Inflation Reduction Act will simultaneously generate renewable energy and increase water conservation. | More from CleanTechnica
OceanTech Jobs
There are a ton of career opportunities in this broad ecosystem. Are these right for you?
🪁 Wind power in maritime company CargoKite is looking for a Senior Mechanical Engineer.
🍣 Sustainable aquaculture company BioFeyn is looking for a Chief of Staff.
⛽️ Green hydrogen company SunGreenH2 is looking for an Admin & Finance Manager.