BlueX | 8-21-23 | Assembly Ventures closes a €70 million mobility fund

Summer is almost over, but this week’s water-tech newsletter is packed! Hydrogen electrolyzers, AI water management, and a new mobility fund.

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🐄 Forever Feed Technologies, a developer of sustainable and enterprise scale automated indoor-growing feed mills, received an undisclosed multimillion-dollar investment from River Ranch Farms, Bar 20 Dairy, Producers Dairy Products, De Jong Family Farms and additional agriculture leaders. | More from FinSMEs

👩‍🔬 Advanced Ionics, a developer of hydrogen electrolyzers, raised $12.5M in series A funding led by BP Ventures, Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. | More from Offshore Energy

🌎 Wint, an AI- and IoT-based water management startup, raised $35M in Series C funding led by Inven Capital and Insight Partners, with participation from Taronga Ventures and other prop-tech and construction-tech investors. | More from ESG Today

More OceanTech News

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

💶 Assembly Ventures closes inaugural €70 million mobility fund, opens an office in Berlin to overview European investments | Detroit-based Assembly Ventures, an early-stage transatlantic venture capital platform investing in cutting-edge technologies across the mobility sector, announced the successful closing of their inaugural €70 million Assembly Ventures Fund I. | More from EU Startups News

🎓 Freshwater Collaborative of UW campuses awarded $4.34 million to fund water research and workforce pipeline development | Freshwater Collaborative of Wisconsin secured $4.34 million in funding to support UW System research and workforce pipeline development to address the state's freshwater challenges. | More from Biz Journals

🌊 The Clean Energy Future Is Arriving Faster Than You Think | The United States is pivoting away from fossil fuels and toward wind, solar and other renewable energy, even in areas dominated by the oil and gas industries. | More from NY Times

More Ocean Sustainability News

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

🐠 Scientists Find A Whole New Ecosystem Hiding Beneath Earth's Seafloor | Scientists keep peeling back new layers of life on our planet like a seemingly endless onion. Most recently, aquanauts on board a vessel from the Schmidt Ocean Institute used an underwater robot to turn over slabs of volcanic crust in the deep, dark Pacific. | More from Science Alert

🌎 Odfjell Turns to Rigid Suction Sails to Reduce Emissions | Norwegian chemical tanker company Odfjell has announced plans to install the world’s first rigid suction sail system on board a tanker. Odfjell has partnered with Spanish wind-assisted propulsion company bound4blue . . . | More from gCaptain

🗺️ Ocean Exploration Trust, Nippon Foundation-Nekton Announce New ‘Ocean Census’ Partnership | The Ocean Exploration Trust has announced a new partnership with the Nippon Foundation-Nekton "Ocean Census," a program dedicated to marine species discovery. | More from Deeper Blue

OceanTech Jobs

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

🚢 Sustainable marine infrastructure company Reefy is looking for a Business Development Manager. (Delft, NL)

⌨️ Cloud based logistics company SupplyShift is looking for a Strategic Customer Success Manager. (Remote)

🍣 Plant based sushi company Konscious Foods is looking for a Production Manager. (Richmond, British Columbia, CA)

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