BlueX | 9-18-2023 | Carbon Capturing Bacteria to Save Us?!

Plus Biomass CDR and an R&D OceanTech Hub in St. Louis?

The tickets for our NYC Climate Week event are totally sold out! I’m blown away by how many people signed up. So we’re setting up a live stream of the panel. If you’d like to check it out while chilling in pajama pants, we added the new tickets here: https://lu.ma/nyc-cw-blue-tech

If you like this free newsletter and what I’m doing with it, do me a favor and refer it to a friend OR share it on social media.

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.

🏞️ Vaulted Deep spins off from Advantek, a biomass carbon removal, and storage, with $8M seed investment led by Lowercarbon Capital | More from PR Newswire

⛵️ Econowind, a manufacturer of sail propulsion systems for commercial ships, raised an undisclosed amount from the Investment and Development Agency for the Northern Netherlands (NOM) and Horizon Flevoland. | More from MarineLink

More OceanTech News

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

🌊 French tidal energy company eyes up to €2M of fresh funding | French company EEL Energy is looking to raise up to €2 million in new funding to help advance its tidal energy technology and projects. | More from Offshore Energy

🛥 Bibby Marine to Build Zero-emission eSOV | Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition. | More from MarineLink

🚢 Maersk forms green methanol start-up in decarbonization push | Container shipping group prepares to welcome its first vessel powered by the alternative fuel . . . | More from Financial Times

🐋 Running Tide, a Maine startup seeking to remove carbon through the ocean, opens R&D hub in St. Louis | The company is developing technology to remove carbon dioxide from the atmosphere through the ocean using buoys to store carbon. | 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:

💲 WaterEquity announced the final close of its $150 million Global Access Fund IV, led by five members of the Water Resilience Coalition, the U.S. International Development Finance Corporation, and other wealth management firms and impact investors. | More from Newswire

🌊 The bacteria that can capture carbon | Could minuscule organisms help the world meet its climate goals? | More from BBC

OceanTech Jobs

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

🧱 Clean 3D printed concrete company RCAM Technologies is looking for a Chief Structural Engineer. (LA / Remote)

🤖 Low-impact ocean floor sensing company Blue Ocean Seismic Services is looking for a Senior Embedded Software Engineer. (Farnborough, UK)

🦾 Vision-based underwater inspection robotics company Blue Atlas Robotics is looking for a Sales Manager. (Odense, Denmark)

Did someone forward this newsletter to you?

Have a tip? Know of some newsworthy item?