BlueX | 7-15-14 | ZwitterCo's Membrane Tech, New Electrolyzer, and Ocean Current Energy

Hi Friends,

Lots of great OceanTech news coming out this week. I firmly believe Climate Change is the greatest existential threat of our generation, and that the Blue Economy will be an important tool to combat it. A week of news like this gives me hope and optimism. I hope it gives you the same.

-Will

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🌧 ZwitterCo raised $58.4M for transforming water treatment with advanced membrane technologies led by Evok Innovations with DCVC, BHP, Munich Re Ventures, SiteGround, HG Ventures, and Blue Horizon Advisors. | More from Pulse 2.0

🔌 Electrolyzer tech company Dynelectro raised €11M led by the Export & Import Fund of Denmark (EIFO) with Yara Growth Ventures, Vsquared Ventures, PSV Deeptech, The Footprint Firm and the European Innovation Council (EIC) Fund | More from Offshore Energy

🧂 Desalination company Active Membranes raised a seed round from Natural Ventures, Echo River Capital, and Pacifica Water Solutions. | More from Pulse 2.0

🐚 Equinox Ocean Turbines, an ocean current energy company, raised €2.4M led by EIT InnoEnergy with Damen Maritime Ventures, NOM, FOM, Init Power, and two private investors. | More from Silicon Canals

More OceanTech News

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

🌊 Tim Taylor, CEO of Tiburon Subsea interview featured on NBC.

Want to see the long-form interview? Check it out here: https://youtu.be/0JsKyYAjOBg

⚓️ VisionAnchor Graduates From Techstars, Now Raising $1.2M For Continued Growth | European nautical startup VisionAnchor have successfully graduated from the prestigious global accelerator program Techstars, raising $120k in order to ramp up the production of their innovative smart anchoring product, the VisionAnchor S. | More from Yachting Ventures

🚤 Yanmar and Amogy Explore Ammonia-to-Hydrogen Integration for Marine Power | Yanmar Holdings Co., Ltd. (Yanmar) and Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, have entered into a Memorandum of Understanding (MOU) to integrate Amogy’s advanced ammonia-cracking technology into Yanmar’s hydrogen internal combustion engine (H2ICE). | More from Maritime Executive

More Ocean Sustainability News

🦐 Big Idea Ventures Launches Plant-Based Shrimp Startup | Big Idea Ventures has launched Bayou Best Foods, a seafood startup with an initial focus on plant-based shrimp. | More from The Fish Site

💧 Xylem Expands Corporate Venture Capital Investments to $50M | Xylem, a Washington, DC-based global water technology company, is expanding its corporate venture investing plans with additional $50M. | More from VCWire

🌎 U.S. Offshore Wind: $65 Billion Investment and 56,000 Jobs by 2030, Report Shows | A new report from the American Clean Power Association (ACP) projects $65 billion in investments and 56,000 jobs in U.S. offshore wind by 2030. | More from gCaptain

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