Hello Ocean Friends,

The NYC OceanTech Summit is this Friday and I am beyond excited. We’ve got industry leaders, we’ve got cool startups, we’ve got fascinating researchers. It’s going to be a great time. A lot of people have put out the word about our summit and I can’t thank them enough. It’s been really great getting the reminder of how supportive the community is.

The team wants to make a special thank you to JP Morgan for supporting the NYC OceanTech Summit this year.

The JP Morgan startup team has been building the NYC climate community for years now. I can always depend on them to make an intro, a recommendation, or knowledgeable advice. They really are one of the connective tissues pulling our community together. And I’m excited to have them at the summit this year. Look for Norma and her team.

Best,
Will

OceanTech News

There are so many things happening in BlueTech these days that I’m going to need a special section for announcements and events (not including the summit). Here are some important links for you:

✇ 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 Now | 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.

OceanTech Fundings

🔌 ZOEX Power, a UK based wave energy firm, raised £531,000 from Equity Gap, with the University of Strathclyde and Scottish Enterprise. | More from Offshore Energy

🐜 Insect protein for aquafeed company Volare raised €26M from Maki.vc, Firstminute Capital, Springvest, The Finnish Climate Fund, Finnvera, Norion Bank, South Ostrobothnia ELY Centre and Business Finland. | More from The Fish Site

More OceanTech News

🐋 New UN Protocol Charts Investment Pathway for a Sustainable Ocean Economy | Linking ocean health to prosperity, this new framework sets guidance to align financial flows and business practices with the transition to a Sustainable Ocean Economy worth $US 5.5 trillion by 2050. | More from PR Newswire

🌊 Floating Offshore Wind Turbines Are Getting A Vertical Axis Makeover — Here’s Why | The Swedish startup SeaTwirl is on track to scale up its vertical axis floating offshore wind turbine for a demonstration funded by the EU agency Horizon Europe. | More from CleanTechnica

🛳️ Fairlead and New North Ventures Team Up to Launch Shipbuilding Venture Studios | Fairlead and New North Ventures are launching a series of venture studios to build and scale the next generation of companies in shipbuilding, autonomy, and robotics. These studios, headquartered in Hampton Roads, Virginia, will attract, forge, launch, and build dual-use startups solving the most challenging problems in defense and commercial maritime. | More from VCWire

💰 XPV Water Partners Raises More Than US $625M in Capital | XPV Water Partners, a Toronto, Ontario, Canada-based growth investor dedicated to investing in water-related companies, raised more than US $625m in new capital. The firm, which has surpassed US $1 billion in assets under management, has also recently completed several new investments focused on sustainable water infrastructure, healthy oceans, and climate resilience. | More from VCWire

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