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  • BlueX | 2-5-24 | Supply Chain Funds, Precision Irrigation, and Wind-Powered Ships

BlueX | 2-5-24 | Supply Chain Funds, Precision Irrigation, and Wind-Powered Ships

Plus Aquaculture EOY Report and Waste Water Treatment

Happy February. It is Black History Month, to celebrate Harlem Capital released a phenomenal report about the startup unicorns founded by Black and Latino founders. I recommend the read.

Also happy Groundhog Day a few days late, an entirely silly holiday. Punxsutawney Phil predicted an early spring. Here’s hoping it means more days at the beach.

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.

📦 Supply chain startup Wiz Freight raised $15MM in a Series B round led by SBI Investment as well as Tiger Global, Nippon Express Holdings, Axilor Technologies Fund, Foundamental, Arali Investments, and Unikon Shipping Ventures. | More from Entrackr

🐠 Aquatech platform Aquaconnect raised $4MM in a pre-Series B from S2G Ventures. | More from the Times of India

🌽 Precision smart irrigation company Agrow Analytics raised €650k led by GoHub Ventures, Demium Capital and First Drop. | More from EU Startups News

🧼 Waste water treatment firm Indra raised a $4MM Series A round led by Mela Ventures and Emerald Technology Ventures, plus Sustainability Ventures and The Climate Angels. | More from TICE

More OceanTech News

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

🐠 Where Has the Most Venture Capital Been Invested in Aquaculture? | An analysis of the $808 million invested in the aquaculture industry by venture funds in the last 12 months. | More from The Fish Site

🛥 British Owner Prototypes New Wind Tech | GT Green Technologies, in collaboration with Carisbrooke Shipping and the University of Bristol, is ready to install one of its AirWings on a ship in the UK following significant funding from the government. | More from Splash 247

More Ocean Sustainability News

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

🌊 Clean Hydrogen Is Driving the Next Gulf Coast Energy Boom | The scraggly grasses and standing water at the Spindletop oil field, near Beaumont in east Texas, don’t immediately suggest the site of a world-changing energy breakthrough . . . | More from Canary Media

🚢 Why Nautical Investors Are Pouring Capital Into Better, Lower-Carbon Ships And Boats | With fuel-guzzling cargo ships traversing the world’s oceans estimated to emit more CO₂ into the atmosphere each year than all the airlines in the world, startups looking to address the issue have raised quite a bit of capital. | More from Crunchbase News

OceanTech Jobs

Last week I featured MBA-focused roles. Well this week I decided to go deep on the software! Check out some of these developer/software gigs in OceanTech:

🔐 Maritime cyber security company Cydome is looking for a Senior Software Engineer.

✈️ Electric sea glider company Regent is looking for a Senior Software Engineer.

🇫🇷 French wind powered shipping company Ayro is looking for a Front End Software Engineering Intern.

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