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- BlueX | 7-29-24 | €17M for Sustainable Aquaculture and CargoKite's New Project
BlueX | 7-29-24 | €17M for Sustainable Aquaculture and CargoKite's New Project
Plus a New Hydrogen Reactor Using Coffee Grounds
Will Lutz
July 29, 2024
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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.
🐡 Oceano Fresco raised €17M for sustainable aquaculture led by Indico Capital, with BlueCrow, Aqua-Spark, and FdCR | More from Tech.eu
🌎 Ohmium raised a strategic round from 3M | More from Offshore Energy
💧 CO2 removal technology company CarbonBlue raised $10M in seed funding led by Ibex Investors and Fresh Fund with Engie New Ventures, ZIM Ventures, Jibe Ventures, MoreVC and Secret Chord Ventures. | More from CTech
☔️ Water management tech company LeakZon LTD raised a Seed Investment from PEAL Holdings. | More from PR Newswire
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
🚢 The Impact of Digital Twin Technology on Modern Fleet Management | Digital twin technology is revolutionizing the maritime industry, offering real-time insights and predictive analytics for fleet management. | More from Maritime Executive
☕️ Seawater-Slurping Hydrogen Reactor Able to Power a Sub for 30 Days | MIT scientists have discovered an intriguing new way to produce hydrogen fuel, using just soda cans, seawater and coffee grounds. The team says the chemical reaction could be put to work powering engines or fuel cells in marine vehicles that suck in seawater. | More from New Atlas
🪁 Lomar Developing Autonomous Vessels with Kite Propulsion | Shipowner Lomar, part of the Libra Group, announced it is working to develop autonomous, low- or zero-emission cargo vessels using large kite systems as the main method of propulsion. | More from MarineLink
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
💰 Funding Notice: Nearly $50 Million Funding Opportunity for Offshore Wind National and Regional Research and Development | Wind Energy Technologies Office (WETO) announced the Offshore Wind National and Regional Research and Development Funding Opportunity, which will award $48.6 million for projects that address several major areas of need for offshore wind. | More from CleanTechnica
🗑️ NOAA to Provide $54 Million For Marine Debris Removal | The Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) has announced the availability of up to $54 million across two funding opportunities to address marine debris throughout the coastal and Great Lakes states. | More from MarineLink
🔌 UK’s State-Owned Energy Company to Focus on Offshore Wind Power | Ministers claim group’s partnership with Crown Estate will help leverage up to £60bn of private investment. | More from Financial Times