BlueX Ocean Tech News 4/10/23

Startup and Venture News for the Ocean

About BlueX: This Newsletter scours the internet for venture and startup news related to OceanTech. We stick to sustainability and climate-focused startup news. Newsletters broadcast every two weeks.

Startup Fundings in OceanTech

🌊 Norsepower sets sail with €28 million for rotator sail power | The Norwegian firm is has been putting the sails back into sailing, on large boats, for the past eight years
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🐑 South Korea’s CellQua Secures Investment for β€œNext-Gen” Cell-Based Fisheries | CellQua, a cultivated seafood startup from South Korea, has secured undisclosed seed funding from Sopoong Ventures, a social impact-focused VC that supports climate and agrifood tech entrepreneurs in South Korea and Southeast Asia. | More from The Vegconomist

🌎 Carbonwave Holds Closes $5M Series A Funding | Carbonwave, a Puerto Rico-based company which specializes in upcycling of seaweed bloom into plant-based biomaterials, raised $5M in Series A funding. The round, which brought total funding to date to $12M, was led by Mirova with participation from Viridios Capital, Popular Impact Fund, and Katapult Ocean. Led by CEO Geoff Chapin, Carbonwave is a developer of . . . | More from Finmes 

🐳 Aqua Cultured Foods closes $5.5m seed round to expand fungi-fueled alt seafood platform | Aqua Cultured Foods has raised $5.5 million in a seed round led by Stray Dog Capital to expand its fermentation-based production platform for high-protein whole cuts of fungi-based seafood. | More from Ag Funder News

More OceanTech News

🐠 Founders of Atlantic Sapphire and the Kingfish Company launch land-based aquaculture investment firm | 'Our view is that the land-based sector is entering its next stage of development.' Two founders behind land-based yellowtail kingfish producer the Kingfish Company and land-based salmon group Atlantic Sapphire are launching an investment firm focused on the emerging land-based aquaculture sector. | More from Intrafish

🐚 New venture capital firm to fund, nurture land-based aquaculture startups | Three factors are behind the new firm: mature investor base, land-based sector's next phase, and traditional aquaculture and wild fisheries' limitations, say co-founders | More from Undercurrent News

πŸ’§ S2G Ventures Launches $300M Special Opportunities Fund to Meet Critical Need in Climate Tech Financing | New fund addresses the current market environment by providing credit and infrastructure capital -- S2G Ventures ("S2G"), a leading multi-stage investment firm focused on the food, agriculture, ocean, and clean energy markets, has announced the launch... | More from PR Newswire

🚒 First US-Built Offshore Wind SOV Taking Shape in Louisiana | The first offshore wind service operations vessel (SOV) built in the United States is taking shape. The 262-foot long SOV, named ECO Edison, is being built by Edison Chouest Offshore... | More from gCaptain