BlueX 7-10-23 | First Aquaculture Unicorn!

And a new segment: OceanTech Jobs!

This week saw the first aquaculture unicorn! And the BlueX Newsletter is making two important changes:

  1. Moving to weekly publications. There is so much going on and I want to keep these newsletters short and sweet. That means weekly publications.

  2. Adding an OceanTech Jobs Section! Very excited to bring this content to BlueX’s subscribers. Enabling careers in the OceanTech world.

Remember, if you like this free newsletter and what I’m doing with it, do me a favor and refer it to a friend OR share it on social media.

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.

🐠 eFishery, an Indonesian aquaculture startup, raised $200 million in a Series D funding round led by Abu Dhabi-based 42XFund, Kumpulan Wang Persaraan (Diperbadankan), responsibility and 500 Global, with participation from existing investors Northstar, Temasek and SoftBank. Editor’s note: this is reportedly the first Aquaculture unicorn, a huge milestone. | More from TechCrunch

🌧 BiOceanOr, a startup that has developed water quality forecasting services for the aquaculture sector, raised €2 million in its second funding round led by The Yield Lab Europe, including €1.5 million in equity investment and €500,000 grant from the i-Nov innovation programme. | More from The Fish Site

🚢 Nuvocargo, a NYC-based USA Mexico cross-border shipping startup, raised $36.5M in Series B funding from Tresalia Capital, Amador Holdings, Tiger Global, NFX, ALLVP, Magma Partners, MAYA Capital, One Way Ventures, as well as the co-founders of Dropbox, Repl.it, Platzi. | More from FinSMEs

⛽️ WasteFuel, a California-based startup that converts municipal and agricultural waste into sustainable energy, including biomethanol for shipping, raised $10 million in funding led by BP’s corporate venture capital arm, bp ventures, with additional investors including Maersk, TIME Ventures, and Aileen Getty. | More from gCaptain

More OceanTech News

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

🌱 NZ project explores microalgae as potential future food | Cawthron Institute – New Zealand’s largest independent science organisation – has teamed up with biotech nutrition startup NewFish and marine engineering firm Kernohan Engineering to explore the nutritional properties of microalgae. | More from The Fish Site

🦑 Hatch announces next 10 companies for accelerator program | The aquaculture focused startup accelerator chose companies from all over the place. And they’ll get training and support from all over the place. | More from The Fish Site

More Ocean Sustainability News

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

🚢 Shipping talks approach deal on ‘close to 2050’ net zero target | Not everyone is happy about this target. A bit too wishy-washy. I say, at least it’s some progress. It’s a game of inches. | More from Financial Times

💧 California Awards $1.5 Billion for Port Infrastructure Upgrades | California Governor Gavin Newsom announced an investment of over $1.5 billion for building a more efficient, sustainable, and resilient supply chain … | More from gCaptain

🛥 How to green global shipping | An opinion peice on how to use international levies to incentivize greening of the maritime sector | More from Financial Times

OceanTech Jobs

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

🌽 Agriculture irrigation startup N-Drip is looking for a Customer Success Manager. (Arizona, USA)

⛵️ Wind powered shipping company Norsepower is looking for a Sales Engineer. (Remote)

🪐 Space based intelligence firm Constellr is looking for a Senior Calibration Engineer. (Baden-Württemberg, Germany)

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