Happy Juneteenth friends! For a bit of historical enlightenment, I dug up an interesting history of African Americans’ service in the Navy.

In today’s edition, humane fishing tech, cell-cultured caviar, and ammonia power generation!

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.

OceanTech Fundings

🐡 Ace Aquatec, an aquaculture technology company specializing in innovative humane slaughtering devices, has raised over £10 million in Series A investment led by Aqua-Spark and Chroma Ventures, with additional investment from Earth Capital Limited. | More from The Fish Site

🦞 Cellmeat, a South Korean cell-cultured seafood company with a focus on shrimp and caviar, raised $13 million in Series A funding from NH Venture Investment, Genting Ventures, Daewoo Healthcare, BNK Venture Investment, Yoo Kyung PSG Asset Management, Strong Ventures, and existing investors. | More from The Fish Site

🌊 Amogy, a New York-based provider of emission-free, energy-dense ammonia power solutions, raised $11M in Series B-2 funding led by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine. | More from FinSMEs

💽 Shift5, a developer of maritime fleet onboard data management, insights, and analysis for defense and civilian ships, raised $33MM in a Series B investment from Moore Strategic Ventures, Booz Allen Ventures, JetBlue Ventures, and Teamworthy Ventures.

More OceanTech News

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

🛥 French Startup Unveils Sailing Cargo Ship | French transport startup VELA has unveiled the design for its first-of-its-kind trimaran cargo ship that will transport goods across the Atlantic using 100% wind power. According to VELA, the innovative... | More from gCaptain

🌿 Sway is Creating a Biodegradable, Seaweed-Based Solution to the World’s Plastic Crisis | Sway is a biomaterials startup utilizing polymers found in seaweed to replace the functionality of petroleum-based plastic while working in harmony with the Earth’s ecosystems. Founded by Julia Marsh, Matt Mayes, and Leland Maschmeyer, Sway is not the first startup to focus on harnessing seaweed to replicate plastic, but their products are certainly some of the most impressive. | More from The Vegconomist

🔬 MITRE gets $2M from state to build out bluetech lab on Bedford campus | MITRE will use the new funding to outfit a bluetech lab, build a national "blue economy" data hub and support workforce development efforts. | More from Biz Journals

More Ocean Sustainability News

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

🌊 $50M+ Carbon To Sea Initiative To Research Ocean Alkalinity Enhancement | Mike Schroepfer, Partner at Gigascale Capital and former Meta CTO, announced on Linkedin that Additional Ventures … | More from Carbon To Sea

💦 Capture6, PWD To Build Integrated Water Recovery And Carbon Capture Facility | Direct air capture (DAC) startup Capture6 and Palmdale Water District (PWD) have announced plans to build a combined… | More from Carbon Harold

☀️ Soaking up the sun: can the ocean be used as a platform for floating solar panels? | Scientists explore the viability of floating photovoltaic farms (FPV) on the ocean and how climate change may impact their use. | More from Oceanbites 

🚢 Green shipping: mooted carbon tax set to make waves | Levy, coupled with generous US subsidies for renewables, could close the cost gap with bunker fuel … | More from Financial Times

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