Happy 4th of July! I’m taking my kids to my parent’s house for our hometown parade. I’m bringing with me the pitch deck of a new wave power generation startup I came across - super motivated to dig in. Here’s hoping your 4th is just as happy and motivated.

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

🛥 Boxhub, an online marketplace for shipping containers in the U.S., raised $12.4M in its Series A round led by AlleyCorp, with participation from Solasta Ventures, Interplay VC, FJ Labs, and Hum Capital. | More from FinSMEs

🐠 Australis, a barramundi farming company, has secured a $15 million convertible loan and an additional $3 million grant from the Asian Development Bank (ADB) and Climate Innovation and Development Fund (CIDF) to expand its operations in Vietnam. | More from Intrafish

🌎 Robok, a Cambridge, UK-based startup applying AI-powered computer vision to logistics and industrial workplaces, raised $2.1M in growth and grant funding led by Cambridge Enterprise with participation from Bristol Port Company, U-blox AG, Amadeus Capital Partners, Martlet Capital, the University of Cambridge Enterprise Fund, Deeptech Labs, InnovateUK and the Department for Transport. | More from FinSMEs

🎣 BLUU Seafood, a leading European food biotechnologies company producing cultivated fish, raised €16 million in its Series A funding led by Sparkfood and LBBW VC, plus additional investors SeaX Ventures, Manta Ray Ventures, Norrsken VC, Delivery Hero Ventures, Innovationsstarter Fonds Hamburg GmbH, and Dr. Oetker. | More from EU Startups News

💦 Hyfé, a San Francisco-based company transforming food processing wastewater into feedstocks for biomanufacturing, raised $9M in seed funding led by Synthesis Capital and with participation from The Engine, Refactor Capital, Supply Change Capital, Overwater Ventures, X Factor Ventures, and Alumni Ventures. | More from FinSMEs

🚢 Amogy, a pioneer of emission-free, energy-dense ammonia power solutions, has closed a $150 million Series B financing round, led by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America, Synergy Marine and SK Innovation. | More from Pulse 2.0

🐬 CleanHub, a Berlin-based ocean cleanup organising platform, has raised $7 million in a new funding round led by Lakestar and Integra Partners, with participation from Silence VC, 468, Übermorgen Ventures, Felicis Ventures, Dan Bartus, and BCG X's Stefan Gross-Selbeck. | More from Tech.eu

More OceanTech News

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

🌊 Greentown Labs, Vineyard Wind and MassCEC name offshore wind startup cohort | A Malden startup is among the five companies named to the Greentown Go Energize 2023 program. | More from Biz Journals

🔬 Mewery Unveils “First-Ever” Cultivated Pork & Microalgae Burger | Czech food tech Mewery announces what it claims is the “first-ever” cultivated burger made with pork and microalgae cells. The food tech startup is developing slaughter-free meat products before seeking approvals in international markets. “Our burger tastes delicious and easily surpasses the taste of traditional plant-based burgers,” said Roman Lauš, founder of Mewery. | More from The Vegconomist

💧 Boston company named to Offshore Wind Innovation Hub's accelerator program | The Boston startup is the first to train offshore wind workers in virtual reality. [Editor’s note: I got to meet the founder at a BlueSwell event, he is an awesome guy and super motivated.] | 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:

🚢 What is Nearshoring in Shipping And Logistics – Advantages and Disadvantages | The concept of nearshoring has gained considerable popularity in logistics and supply chain circles over the past few years. This in-depth article covers a lot of the positives and negatives of the nearshoring trend as it applies to shipping and logistics. | More from Marine Insight

🤿 XL uncrewed underwater vehicle set for technology demonstrations | There’ve been some rough news in the submarine world these past two weeks, here is something a bit more exciting and happy. | More from Offshore Energy

🌊 The US clean energy manufacturing boom has begun. Now what? | Ignore the semi-political commentary at the top of this article. It’s another in depth covering of nearshoring as it relates to ClimateTech and it’s worth a read. | More from Canary Media

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