I’m Moderating a Thing, Tidal Vision’s Huge Round, and Builders Vision’s Investment

Hello Ocean Friends,

This week features a big round from Tidal Vision and Builders Vision’s new investment, but first I want to share an event where you can hear me.

I’m moderating a panel at the first Atlantic Maritime Tech Conference on February 26th. I’ve been helping put this together with friends from Newlab, Alumni Ventures, Never Lift, and TMV - and it looks like it’s going to be a ton of fun. Good speakers, great investors, and world-class OceanTech startups under one roof. There are only a few spots left before we hit the waitlist, so please sign up now if you can.

Big Blue Economy investor, Katapult, is hiring for an Accelerator Program Manager. It looks like an awesome opportunity with one of my favorite firms. Plus it’s in Oslo, what’s not to love?

Have a good week.

-Will

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OceanTech Fundings

The main event. Startup investment announcements in OceanTech.

🦀 Tidal Vision, a biotech company that creates products from chitosan-based sources, raised an oversubscribed $140 million Series B round and included Cambridge Companies SPG, Eni Next, Milliken & Company, KIRKBI Climate, Convent Capital, SWEN Capital Partners' Blue Ocean Fund, MBX Capital, IDO Investments, and others. | More from Pulse 2.0

🐠 Fish farm disease detection tech company KOA Biotech raised €2M led by Swanlaab Innvierte Agrifood-Tech and included Fund-F and Faber. | More from Tech.eu

🦾 Autonomous surface vehicle company Seasats raised $10M led by Shield Capital and included Aero X Ventures, Techstars, and others. | More from EIN Press Wire

More OceanTech News

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

🚢 Dominion Energy’s Newest Turbine Installation Vessel Begins Sea Trials | Seatrium AmFELS of Brownsville, Texas, has begun conducting sea trials of Charybdis, a new wind turbine installation vessel (WTIV) ordered from the company by Dominion Energy. | More from Baird Maritime

🌎 EnEarth Secures Millions in EU Funding for Prinos CO2 Project | The European Commission has earmarked a €~120 million CEF grant to support the development of a liquified CO2 receiving terminal at Prinos Carbon Storage located in the north of Greece. | More from Offshore Energy

🐳 Walmart Heir’s Impact Platform Invests in Norwegian Seafood Fund | Founded by Lukas Walton, Builders Vision has invested in sustainable ocean investment firm Bluefront Equity, which is focused on making the seafood value chain less wasteful. | More from Impact Investor

💲 Ambitious €100 Million Fund Seeks 10 New Investments in Blue Economy | The fund scoped several companies last year but was unable to find an ideal target to match its investment criteria, an executive told IntraFish. | More from Intrafish

More Ocean Sustainability News

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

💨 Report: Offshore Wind Energy Surpassed Installed Capacity of 80 GW in 2024 | While many critics continue to question the viability of offshore wind energy, the UK trade group RenewableUK is out with a new market analysis highlighting the “extraordinary speed” of growth for the sector. | More from Maritime Executive

🛳 Fincantieri Delivers First of Two Low-Carbon Cruise Ships to TUI Cruises | TUI Cruises, a joint venture between German TUI Group and Royal Caribbean Cruises, has taken delivery of the first of two liquefied natural gas (LNG) and marine gas oil (MGO) powered cruise ships Fincantieri is building for the shipowner. | More from MarineLink

🧫 Brevel Partners With CBC Group to Produce Microalgae-Enriched Beverages at Scale | Microalgae protein producer Brevel has signed a development and commercialization agreement with Israel’s Central Bottling Company (CBC Group) to develop functional beverages and dairy alternatives. | More from The Vegconomist

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