Hello Ocean Friends,

I hope you had a happy and safe Halloween!

There are a total of SIX fundings in this edition. Jeez, is our “little” vertical heating up again?

Big shout-out to fellow Navy vet Doug Grant and Atlantic Fish for announcing their $1.2M Seed round. It was only in the last edition that I talked about how nice it is to celebrate a friend’s win. Great to see another friend celebrating an important milestone this week.

The NYC OceanTech Summit team began our first conversations to organize next year’s event. If you’d like to host, sponsor, speak, or table, shoot me a note. We’d love to host you.

Best,
Will

OceanTech Fundings

🍣 Cultivated seafood company Atlantic Fish raised a $1.2M Seed round | More from Atlantic Fish.

🌵 Kelp forest restoration firm SeaForester raised €1.6M from the World Wildlife Fund (WWF) and Schmidt Marine Technology Partners (SMTP). | More from Silicon Canals

🛜 WSense, the underwater Wi-Fi for subsurface IoT and robotics firm, raised €10M in a pre-Series B round from Indico Capital Partners, SIMEST, CDP Venture Capital SGR, Blue Ocean by SWEN, RunwayFBU, Axon Partners Group, Fincantieri, and Rypples. | More from Tech.eu

🚤 Marine electric drivetrain propulsion company Zparq raised €5.5M from the EIC Accelerator program. | More from Tech Funding News

🔋 Energy storage with ocean-bound hydropower company, Sizable Energy, raised $8 million led by Playground Global with EDEN/IAG, Exa Ventures, Satgana, Unruly Capital, and Verve Ventures. | More from TechCrunch

💧 AI for leak detection in water infrastructure, HULO raised €2.3M led by VP Capital and LUMO Labs with Vanagon, Rabobank, the FOM and the Netherlands Enabling Water Technology fund. | More from PR Newswire

More OceanTech News

💰 Emerald Raises €60 Million to Invest in Water Solutions Startups | Industrial sustainability-focused venture capital firm Emerald Technology Ventures announced it has raised €60 million … | More from ESG Today

💵 Burnt Island Ventures Closes Fund II, at $50M | Burnt Island Ventures, a NYC-based venture capital firm dedicated exclusively to funding early-stage water innovation, closed its second fund, at $50m. Xylem, a global water technology leader, is anchor investor in Burnt Island Ventures’ Fund II, as it was for the firm’s debut Fund I … | More from VCWire

🐍 Funding to Accelerate ‘Sea Snake’ Wave Energy Converter Toward Sea Trials | UK’s national innovation agency Innovate UK has awarded a £750,000 (approximately €861,630) grant to a ... | More from Offshore Energy

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