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I Missed Some Important News, Wave Energy Raises, and Oyster Bay’s Food Fund

Plus Pumped Ocean Hydro, Seacork Studios, and on Land Salmon Farming

Hello Ocean Friends,

I’ve been informed that I missed an important news item in my last edition. The Ocean Exchange announced the winners of their annual awards, and I missed it in my feed by a matter of minutes before hitting send. Congrats to NeuralX, Cecilia, and Orpheus Ocean on the wins. Are you happy now, Jake? 🙃

The past two editions have let me celebrate the wins of friends, and the trend continues again. Congrats to Seacork Studio’s funding announcement from Natural Products Canada. Annie Dahan is an awesome founder, and we wish her the best!

Best,
Will

OceanTech Fundings

🌊 The wave energy capture system company Weco raised €600k from Netherlands Enabling Water Technology fund (NEW-ttt), Init Power B.V., and Cyriel de Jong. | More from Silicon Canals

🐠 On-land salmon farming company First Water raised a €24M | More from Silicon Canals

🪰 NextProtein, a company making insect-based ingredients for fish feed, raised a €18M Series B round led by SWEN Capital Partners’ Blue Ocean Fund and British International Investment. | More from Silicon Canals

More OceanTech News

🌿 Seacork Studio Has Been Awarded $306,000 in Funding From Natural Products Canada | The funding comes through their Proof of Concept program. | More on LinkedIn

 🍣 Early Oatly Backer Oyster Bay Raises €100M to Fuel the Next Wave of Food Tech Innovation | Hamburg-based venture capitalist Oyster Bay has closed its second fund at over €100 million, as one of Europe’s largest VCs focused on the future food market. | More from Tech Funding News

🔋 This Startup Wants to Build Pumped Hydro Storage in the Ocean | The ocean has beckoned to legions of energy entrepreneurs before dashing their hopes against the rocks. Now a new company is heeding the siren call — but with a twist. Italy’s Sizable Energy launched in 2022 to build pumped hydro energy storage under the ocean. | More from Canary Media

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