BlueX OceanTech News 5/22/23

Startup and Venture Maritime News

Happy Monday everyone! Memorial Day is coming fast, get your socks ready to burn - it’s almost sailing season!

About this Newsletter: The BlueX Newsletter scours the internet for venture and startup news related to OceanTech. We stick to sustainability and climate-focused startup news. The newsletter broadcasts every two weeks.

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Check out the latest BlueX Newsletter! I love reading about the latest Ocean Sustainability Tech news and you should too! Latest edition is right here: https://bluex.beehiiv.com/p/5-22-2023

OceanTech Fundings

🎣 UK fund awards £6.2m to ‘seafood innovators’ | The latest cohort of innovations to receive funding from SIF includes 11 projects for aquaculture, four for fisheries, another four for the supply chain and processing, and three for seaweed production | More from Undercurrent News 

🚰 Investors Pour $225M Into Water Tech Unicorn Gradiant | BoltRock Holdings and Centaurus Capital led the Series D round for Boston-based Gradiant, which is now valued at $1 billion. | More from Crunchbase News 

💲 Pale Blue Dot continues investing in its climate vision, with a second $100M fund | Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021, and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund. This one is valued . . . | More from TechCrunch

🫧 Vineyard Wind Announces Investment In US-Based Bubble Curtain Supplier | ThayerMahan to anchor acoustic mitigation systems headquarters in New Bedford as it expands to further serve the offshore wind industry . . . | More from PR Newswire

More OceanTech News

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

🤖 UK opens its first national robotics center for offshore renewables | The UK’s first-of-its-kind national robotics center for offshore renewable energy has been opened at . . . | More from Offshore Energy

☀️ Ocean Sun starts streamlining floating solar designs for offshore wind-linked project | Norwegian company Ocean Sun has started making design improvements to its floating solar units, based on the insights gained through real sea demonstration of the technology linked with offshore wind turbines in China. | More from Offshore Energy

🌊 Ocean Visions Initiates Its Second Launchpad Cohort | Ocean Visions has announced the start of the second edition of its Launchpad cohort, dedicated to supporting ocean-based . . . | More from Carbon Harold 

More Ocean Sustainability News

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

🌊 Australia developing maritime emission reduction plan | The Australian Government has committed to developing a Maritime Emissions Reduction National Action Plan to chart a practical green transition for the maritime sector. | More from Offshore Energy

🐠 77 tons less trash made it into the ocean thanks to this experimental L.A. County device | The Ballona Creek Trash Interceptor 007 collected nearly 154,000 pounds of trash in the first rainy season of its two-year pilot project. | More from LA Times

💧 Can we fight climate change by sinking carbon into the sea? | Here’s an inconvenient truth: We’ve polluted the atmosphere with so many gigatons of greenhouse gases that just slashing emissions — which we still absolutely have to do — will no longer be enough to avert the worst impacts of climate change. We’ll need to also actively remove greenhouse gases from the atmosphere . . . | More from Canary Media

💨 Port of Long Beach Unveils Plans for Massive Floating Offshore Wind Facility | The Port of Long Beach has announced plans for Pier Wind, a giant floating offshore wind facility designed to help California and the nation achieve renewable energy goals. The facility . . . | More from gCaptain

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