Hello Ocean Friends
Lots of announcements this week. First off, congrats to OctaPulse, a fellow Carnegie Mellon alum and prior attendee of the NYC OceanTech Summit. Their new grant is a nice chunk of change to move aquaculture forward.
Also Founders Factory is starting the next cohort of their Blue Action Canada Accelerator programs. Both non-equity and investment sister programs are available. Founders Factory just published a great piece on dual-use tech in the ocean that is worth checking out.
Best,
Will
OceanTech Funding News
💻 Apeiron Labs, a real-time ocean intelligence company, raised a $9.5 million Series A led by S2G Investments, RA Capital Management’s Planetary Health Fund, and DYNE Ventures, with Assembly Ventures, TFX Capital, and Bay Bridge Ventures. | More from Pulse 2.0
🖍️ Bio-inpsired plant-based color tech for textiles company, Sparxell, raised €4.2 million in pre-Series A funding led by SWEN Capital Partners, with participation from Alpha Star Capital and Cambridge Enterprise. | More from EU Startups News
🦿 SEAL Robotics, a firm specializing in terminal-marine robotics, raised a $2.1M Pre-seed Round led by Creator Fund, with Auxxo Female Catalyst Fund, January Ventures, Marvelous, and Stefan Tietze. | More from LinkedIn
⛽️ A refined waste-to-marine-fuel company, XFuel raised a strategic round from Japanese shipping company NYK. | More from MarineLink
💧 Ocean-based carbon removal company, Gigablue, raised $20 million led by Planet Ocean Capital. | More from ESG Today
BlueTech News (Not Funding)
🌊 Swedes Inviting €1M Investment to Fund Wave Energy Prototype | Sweden’s Ocean Harvesting Technologies is undertaking a €1 million share issue for the period 2026-2027 to finance the development and prototype testing of its wave energy converter (WEC). | More from Offshore Energy
💵 Acme Awards BBRSDA, OctaPulse, Deer Isle Oyster With $70,000 Climate Change Innovation Grants | Winners of Acme's fourth year of its Seafood Industry Climate Awards were awarded a combined $250,000. | More from Undercurrent News
💨 Next-Generation Vessels for a Renewable-Energy Future | The powerful winds over the high seas are faster and more consistent than those on land. Humans have understood this for centuries; sailboats were the original engines of trade and transport. Today, maritime transport is being harnessed in new ways to solve modern problems. | More from The Economist’s Back To Blue
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