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- XOCEAN's Big Round, an Electric Boat at CES, and Onboard Carbon Capture
XOCEAN's Big Round, an Electric Boat at CES, and Onboard Carbon Capture
Plus SeaAhead's Offshore Energy Summit and Sustainable Fishing
Will Lutz
January 13, 2025
Happy Monday Ocean Friends,
XOCEAN raised a staggering $119M this week. 2025 is off to a great start for BlueTech. I don’t think it’s going to slow down any time soon.
Coming up in February, one of the best BlueTech organizations around is hosting an Offshore Energy Summit in Boston. Check out SeaAhead’s event here, and get a ticket while they’re still available.
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.
🏭 Industrial wastewater company Hypersoniq raised €1.1M from VP Capital and the Thematic Technology Transfer funds of Smart Industries and Netherlands Enabling Water Technology (NEW). | More from Silicon Canals
🛜 Ocean data services firm XOCEAN raised $119M from S2G, Climate Investment, Morgan Stanley's 1GT fund, and an affiliate of the Crown Family's CC Industries. | More from Silicon Angle
🐋 Sustainable fishing company Capt’n Greenfin raised an undisclosed amount from MINUS2. | More from Silicon Canals
More OceanTech News
Some of the OceanTech articles we liked. Not fundings necessarily, but some great stuff:
New Blue Action Canada OceanTech Accelerator Launches Backed by Coast and Founders Factory | Pilot cohort will support eight startups in BC with plans to expand Canada-wide later this year. | More from BetaKit
🛶 I Got Soaked Driving the Arc Sport Electric Boat | I did not go to CES 2025 with the goal of getting drenched by Lake Mead’s chilly January waters. But when I discovered Los Angeles-based boat startup Arc had brought its new sport boat to Las Vegas, I figured it was worth the risk. It was. | More from TechCrunch
More Ocean Sustainability News
Even if it isn’t tech, that doesn’t mean we don’t love reading these pieces:
💵 Unlocking Funding for Biodiversity-Tech Startups: Who's Investing? | Early-stage biodiversity tech is booming, but finding the right funding sources can be a jungle. We've built a comprehensive database of over 100 investors, accelerators, grants, and competitions specifically focused on. | More from BioDiversity Startups
🛳️ Samskip Gets Dutch Funding for Onboard Carbon Capture Technology | Value Maritime led project to develop more compact and modular carbon capture technology. | More from Tradewind News