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Seaweed Packaging, Salmon Lice Treatment, and Squid Aquaculture
Plus Bill Gates Funded Floating Wind and Pond Scum Skincare Products
Will Lutz
December 02, 2024
Happy December Ocean Friends,
I hope you had a good Thanksgiving, but the December holiday rush is here. This week features some awesome fundraising companies focusing on aquaculture and seaweed products.
Best,
Will
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About this Newsletter: BlueX is a weekly newsletter that scours the internet for venture and startup news as well as jobs related to OceanTech.
OceanTech Fundings
The main event. Startup investment announcements in OceanTech.
🌿 Seaweed packaging startup B’ZEOS raised a seed round led by Faber and ICIG Ventures. | More from The Vegconomist
🥽 Bio-based plastics alternative company Lactips raised €16M led by the Blue Ocean Fund, with Impact Ocean Capital Fund, SPI Fund, BNP Paribas Développement, as well as Sogive, a family office. | More from Silicon Canals
🍣 Vestland Pharma, a novel salmon lice treatment biotech firm, raised NOK 12 million from Sarsia and Coast Seafood. | More from The Fish Site
🐡 Squid farming aquaculture systems company Kwahuu Ocean raised a round led by Lifetime Ventures. | More from Undercurrent News
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
🌵 From Pond Scum to Premium Skincare? Deep Blue Biotech Is All in on Blue-Green Algae to Make Better Chemicals | Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. | More from TechCrunch
🍃 Startup Supported by Bill Gates Demonstrates Folding Floating Wind Platform | Startup floating wind technology company Aikido Technologies is ready to launch the first demonstration of its unique folding floating wind platform. | More from Maritime Executive
🌱 Umaro and Sway Receive $1.5M Dept. of Energy Grant to Turn Seaweed Waste into Sustainable Bioplastics | Bay Area companies Umaro Foods and Sway have been awarded a $1.5 million grant by the US Department of Energy (DOE) to advance innovations in seaweed-based materials. | More from The Vegconomist
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
🌏 Cleantech Innovator Expands Across Asia-Pacific | A cleantech company is scaling its presence in Asia-Pacific markets, boosting offshore wind development with innovative software solutions. | More from Bdaily News
💪 New England Labor Unions Call for Faster Offshore Wind Buildout | A new report by a coalition of unions across Rhode Island, Connecticut, and Massachusetts calls for the states to raise their ambitions for offshore wind. | More from Canary Media
💰 Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, IEA Finds | The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition journey. | More from Offshore Energy