BlueX | 4-8-24 | Wind Propulsion, Rechargeable Batteries, and USVs

Here’s hoping you’re having a good eclipse day 🌘!

Seaking Blue’s Delaney Demark, Propeller’s Jake Russell, and I are organizing an NYC OceanTech Summit in mid-May 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

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🛳️ Starboard Marine Intelligence, a maritime software analysis firm, raised NZ$5MM from Altered Capital, Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as SeaAhead | More from Starboard Marine Intelligence

⛵️ Wind propulsion company GT Green Technologies raised $1.6M from OnePlanetCapital, Carisbrooke Shipping, and a Seedrs crowdfunding campaign. | More from Offshore Energy

🔋 Rechargeable maritime battery company Alsym Energy raised $78M from Tata Limited, General Catalyst, Thrive Capital, Thomvest and Drads Capital. | More from FinSMEs

🦐 Blockchain enabled sustainable seafood tracking firm FishLog raised an undisclosed amount from Accel, Insignia Ventures Partners, and Saison Capital. | More from Tech in Asia

Ocean Sustainability News

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

💧 Baker Hughes Backs European Clean Energy Technology Manufacturer | U.S. energy technology company Baker Hughes has made a strategic investment in European clean energy technology manufacturer Elcogen | More from Offshore Energy

🔋 Low-Cost Batteries for Inland Waterway Propulsion | The development of battery electric maritime propulsion has involved using lithium battery technology that incurs high cost per kilowatt hour. | More from Maritime Executive

🛥 Chance Maritime Technologies' MC-29 USV Completes Long-endurance Testing | U.S.-based Chance Maritime Technologies, a startup and service provider of uncrewed vessel technology, reports it has completed long-endurance commissioning trials of its MC-29: a 29-foot-long, mission-capable USV that operates at high power with long endurance. | More from MarineLink

OceanTech Jobs

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

🥼 Lithium mining and extraction company Lilac Solutions is hiring for a Director of IT.

🚤 Electric hydrofoil boat firm Candela is hiring for a European Sales Manager.

⚡️ Electric ferry maker Hyke is looking for a Head of Commercial Operations.

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