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Coral Vita's Series A, Seafood Automation, and Aquablu's Podcast Raise

Plus Nor-Shipping’s Wind Propulsion Moment and a Maritime Startup Map

Hello Ocean Friends,

Nor-Shipping and UNOC wrapped up? The NYC OceanTech Summit (at the end of NYC Tech Week) was only a week ago. June has been a busy month.

Pictures came back from the summit. Thanks to Julie Thompson. I posted a few of my favs on LinkedIn to share.

Take a minute and check out the Announcements section below. These are some killer programs, events, and resources. I do my best to curate these things, and only recommend the stuff I believe in. Check them out.

Best,
Will

OceanTech Fundings

🪸 Coral reef restoration company Coral Vita raised a $8 Million Series A led by Builders Vision, with Katapult Ocean, iAlumbra, BDT & MSD, 2050, Rypples, Colorado Coral, Rising Tide, Aureolis Ventures, Wilson Sonsini, Kate James, Mariano Battan, Olavo Mutarelli, Jim Salem, and Christian Nielsen. | More from Pulse 2.0

🐡 Seafood automation firm Shinkei Systems raised $22m in Series A funding led by Founders Fund and Interlagos, with Yamato Holdings, Shrug, CIV, Jaws and Mantis. | More from AgTech Innovator

💧 Aquablu raises €7M from Frans van Houten, former CEO of Philips, Bas Witvoet, Pieter Schoen, and Michel Perridon. | More from Silicon Canals

♻️ Recycling company Impact Recycling raised €3.8 million for its water-based density separation tech from IW Capital. | More from EU Startups News

Announcements

 Propeller’s Ocean MBA Application is Open | OceanTech climate founders, apply to this once-in-a-lifetime opportunity to learn from the best team in the vertical. | Learn more on the Propeller website.

🎤 Progression Conference Tickets Available | Progression partners with non-profits, investors, and outdoor sports industry stakeholders to spotlight fundraising start-ups that directly support the missions of non-profits. | Learn more on the conference website.

🌏 Blue Excellerator Demo Day TOMORROW | Boston’s Blue Excellerator program is hosting it’s fifth Demo Day June 18th. See the latest up-and-coming startups in the BlueTech space. More info here.

💦 Newly launched Water Innovation Hub from ClimateHaven | In partnership with the Regional Water Authority, the Hub will serve as a testing ground to address the sector's most pressing challenges. The first call for pilot proposals focuses on three impact areas, Rapid or Real-Time Water Quality Testing, Non-invasive Lead Pipe Detection, and Inspection Robots or Drones for Infrastructure Management. A selected startup will receive $30,000 in non-dilutive funding to pilot their solution with RWA this fall. Read more in the RFP here.

More OceanTech News

🌊 Ocean Protection Is a Climate-Smart Investment | Ocean conservation is not a cost - is a hedge against global volatility and an investment in prosperity, write Bloomberg Ocean Fund's Jonathan Kelsey, and Karen Sack from the Ocean Risk and Resilience Action Alliance | More from Business Green

⛵️ Nor-Shipping: Wind-Assisted Propulsion is Finally Taking Off | Wind-assisted propulsion is having a moment in commercial shipping. On average, most systems on the market can reduce fuel consumption by about 10 percent for a tanker or bulker - or more, if the conditions on the route are right. Design maturity is increasing, along with economies of scale for manufacturing, bringing down capex and shortening payback times for the shipowner. | More from Maritime Executive

🗺️ Flagship Founders Publishes “Global Maritime Tech Startup Map 2025” | The venture studio Flagship Founders today published the “Global Maritime Tech Startup Map 2025,” offering an overview of the current global landscape of maritime tech startups and scaleups. This is the third edition of the map, which now features 176 startups, up from 149 the year before. Some new startups have been added, while others were removed after no longer meeting the selection criteria, including six that merged with or were acquired by other companies. | More from Maritime Executive

🌿 A Novel Catalyst for Carbon-Capturing Algae | Startup Blusink is pioneering the sinking of substrates to help restore rhodolith beds, in a bid to capture carbon and improve marine biodiversity. | More from The Fish Site

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