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- BlueX | 9-2-24 | Plant Based Salmon, Reef Conservation, and Microalgae
BlueX | 9-2-24 | Plant Based Salmon, Reef Conservation, and Microalgae
Plus Wave Power to Freshwater and Regent's USCG Application
Will Lutz
September 02, 2024
Happy Labor Day Ocean Friends,
This week’s article features some awesome startups. So while you’re celebrating the American labor movement, grilling some burgers, and getting ready for the school starting up, enjoy some great BlueTech news.
-Will
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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.
🚢 Shipping emission reduction company Signol raised €2.9M led by TMV with Ultranav, and MOL PLUS. | More from EU Startups News
🐡 Plant based foods company New School Foods raised $6M from Inter IKEA Group, Good Startup, NewTree Capital, and Hatch. | More from The Vegconomist
💧 Agrion, a sustainable agriculture and coral reef conservation company, raised up to $50M from the Global Fund for Coral Reefs (GFCR), an investment fund managed by Pegasus Capital Advisors. | More from PR Newswire
🌿 Seaweed startup Nordic SeaFarm raised €2.1M from EIT InnoEnergy and Inter IKEA | More from Silicon Canals
🌱 A company developing microalgae-derived metabolites, TrueAlgae, raised a round from Ideaship. | More from World Bio Market Insights
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
💰 Cash-Rich Shipowners Pump Money Into Cleantech Ventures | Shipping-backed venture capital funds and individual shipowners are driving innovation to speed up transition | More from Tradewind News
🌊 Oslo-Based Ocean Oasis Secures €6 Million to Turn Wave Power Into Freshwater | Ocean Oasis, a pioneering Norwegian cleantech company secured a €6 million grant from the European Union to advance its innovative wave-powered desalination technology. | More from EU Startups News https://www.eu-startups.com/2024/08/oslo-based-ocean-oasis-secures-e6-million-to-turn-wave-power-into-freshwater/"
📀 Startup Spotlight: Marine Data Cloud | Our community boasts a vibrant array of startups, each with a unique journey and story. | More from Yachting Ventures
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
🛥 Norway Sets Phased-in Dates for Zero Emission Shipping in Fjords | The Norwegian government has finalized the dates for its planned regulations to require zero-emission shipping at its World Heritage sites in the Norwegian fjords. | More from Maritime Executive
✈️ USCG Clears Regent’s Wing-in-Ground Craft for Full-Scale Human Testing | The application of wing-in-ground technology is a step closer to reality as the U.S. Coast Guard approved the application from Regent, a manufacturer of the craft, to test its full-scale prototype including with humans on board. | More from Maritime Executive
📦 Washington State Awards $26.5 Million for Port Electrification Projects | Eleven ports in Washington have been awarded a total of $26.5 million to electrify their operations, a move aimed at cutting greenhouse gas emissions by over 140,000 metric tons over the next decade. | More from MarineLink