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- BlueX 7-24-23 | $25MM Seed For CDR
BlueX 7-24-23 | $25MM Seed For CDR
Clean Ammonia, CDR Platform, and Underwater Robots
Hello BlueTech friends! I hope you’re having a great summer. Lots of people taking vacation this week, stay cool and enjoy the R&R!
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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.
⛽️ Nitrofix, a company specializing in zero-emission ammonia production, raised $3.1 million in seed funding to expedite the development of green ammonia for markets such as agriculture, hydrogen, and maritime fuel, with investors such as Clean Energy Ventures, Global Ventures, and YC. | More from The Jerusalem Post
🤖 Subdron GmbH, a German maritime start-up, raised €1.3 million in a pre-seed funding round co-led by Xista science ventures and Faber's Ocean/Climate Tech fund, with participation from Saber GmbH. | More from Tech.eu
🌊 Isometric, a startup building a registry and science platform focused on carbon removal, has raised $25M in seed funding from Lowercarbon Capital, Plural, Niklas Zennström, David Helgason, Ross Mason and Ilkka Paananen. | More from TechCrunch
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
📈 Department of Commerce, NOAA launch fund for ocean tech accelerators | The federal government triggers a wave of funding for the ocean tech sector. | More from GreenBiz
🐙 These emerging companies could dramatically reshape how seafood is produced and sold around the world | The cell-cultured seafood sector is picking up steam, but unlike the plant-based seafood industry, cell-based has the potential to reshape the global seafood supply chain. | More from Intrafish
💵 Technip Energies invests in cleantech fund to boost path toward net zero | Engineering and technology company Technip Energies has invested in Evok Innovation’s Fund II . . . | More from Offshore Energy
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
💨 Biden Administration Advances Rhode Island Offshore Wind Project | The Bureau of Ocean Energy Management (BOEM) has completed its environmental analysis of the proposed Revolution Wind Farm Project offshore Rhode Island. The project proposes to construct up to 100 . . . | More from gCaptain
🌿 Utilizing Microalgae in Recycling Used Batteries: A Path to Sustainable Eco-friendliness and Economic Viability | With the rise in demand of electric vehicles, new challenges have emerged. Particularly, proper disposal of used batteries, which poses a severe environmental threat. While recycling heavy metals like . . . | More from PR Newswire
☀️ SeaVolt partners set to launch offshore solar platform in the North Sea | SeaVolt project partners, which include Tractebel, DEME, and Jan De Nul, are making final preparations to install its first offshore solar energy test platform in the Belgian North Sea. | More from Offshore Energy
OceanTech Jobs
There are a ton of career opportunities in this broad ecosystem. Are these right for you?
👩🏾🎓 Hardtech investor HAX is looking for a Student Venture Fellow. Email here for more info: [email protected]
🛰️ Space analytics company Hydrostat is looking for a Product Marketing Manager.
🌱 Algae to useful good firm Origin by Ocean is looking for a Food Chemist, Activist.