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- Sustainable Seaweed Ingredients, Braid Theory’s Continuum Accelerator, and ACUA's Ship Christening
Sustainable Seaweed Ingredients, Braid Theory’s Continuum Accelerator, and ACUA's Ship Christening
Plus Hydrogen Chemistry, Battery Systems, and a Underground Water Battery
Will Lutz
March 10, 2025
Hello Ocean Friends,
Lots of great news this week. I personally loved the article on Fossil Gas → Hydrogen. I’m a bit of a Chemistry nerd - spending some time teaching nuclear chemistry in the Navy - and totally love seeing electrochemical solutions making their way up.
Special announcement for this week: The Continuum Ocean Enterprise Accelerator is now accepting applications for our first program of 2025 via Braid Theory.
Braid Theory's 90-day program focuses on supporting the development of new ocean data technologies and services. The program aligns with NOAA’s Ocean Enterprise initiative, fostering solutions that drive economic and societal benefits for the U.S. and the growing blue economy. Application Deadline: April 3, 2025
There are a bunch of events and conferences this week. I’m out and about, so if you see me wave me down and say “hi”!
-Will
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.
🌦️ Geospatial analytics company, Ocean Ledger, raised a $900K pre-seed round led by Ananda Impact Ventures and Silverstrand Capital. | More from PR Newswire
🥬 Seadling, a sustainable seaweed-based ingredient biotech company raised $1M from Toyo Seikan Group, the Yield Lab Asia Pacific, AgFunder, Katapult Ocean, and Kul Loesningar 3. | More from AgTech Innovator
🌊 Echandia, a battery systems supplier raised $20.6M led by Alantra’s energy transition fund Klima and Industrifonden with SEB Greentech VC and EEI. | More from Offshore Energy
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
🛟 US Startup Brings New Floating Offshore Wind Turbine Platform To The World | A new floating offshore wind turbine platform will help streamline offshore wind farm construction all around the world, with the notable exception of the US. | More from CleanTechnica
🍾 Champagne Bottle Smashed Over New Boat in Naming Ceremony | ACUA Ocean celebrated its maiden vessel the USV-Pioneer | More from the Plymouth Harold
🛢️ Fossil Fuelers Bet $10 Million On Long-Duration Energy Storage | The energy storage startup Quidnet Energy is ready to bring its long-duration, underground "water battery" system to market. | More from CleanTechnica
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
🚢 All-Electric Zero-Emission Ferry Duo to Debut on San Diego-Coronado Route by 2026 | San Diego-headquartered Flagship Cruises & Events has clinched $15.2 million funding from the California Air Resources Board (CARB) to develop a pair of fully electric zero-emission ferries to serve the San Diego to Coronado route. | More from Offshore Energy
🌊 Innovations in Maritime Fluid Technology for a Low-Carbon Future | The maritime industry is transforming due to an emphasis on carbon reductions, technological advancement, and stricter regulations. Operators in both coastal and inland waterways now face the challenge of maintaining reliable, compliant operations while adapting to evolving performance standards, and advancements in fluid technology are helping drive this. | More from Maritime Executive
🧪 These Startups Turn Fossil Gas Into Hydrogen, Without All the Emissions | A 67-person Finnish startup called Hycamite has just completed a facility it hopes will revolutionize the production of low-carbon hydrogen. The plant, in the industrial port city of Kokkola, on Finland’s west coast, will soon receive gas shipments from a nearby liquefied natural gas import terminal and turn the fossil… | More from Canary Media