Twelve companies have graduated from the first cohort of Creative Destruction Lab Oceans, meaning a total of 17 oceantech startups have now graduated from the accelerator.
While the Atlantic Canadian CDL group previously accepted oceantech companies into its general program, the 2020-21 session was the first with a stream dedicated to oceantech companies. It attracted 20 companies from nine countries, and 12 of these graduated from the course.
The companies in the Oceans cohort have raised a total of $15 million and some rounds are still open so the total may increase, said Alex Hurley, the Senior Venture Manager of the Oceans Stream.
“The value of the CDL Oceans Stream can be witnessed in how the global mentor network helps advise and support the ocean ventures,” said Hurley in an email. “In addition to access to world-class mentorship and fundraising opportunities, the CDL mentor network helped inspire and facilitate a number of partnerships and pilot projects.”
He said the partnerships include relationships with such organizations as Clearwater Seafoods, Kraken Robotics, and the Port of San Diego.
CDL is now accepting applications to its 2021-22 programs – including Oceans and other streams. You can apply here by July 30.
These are the 12 companies that graduated from CDL Oceans in the 2020-21 cohort:
Blue Ocean Gear, San Mateo, California
Blue Ocean Gear builds GPS tracking buoys and associated software applications that allow fishers to remotely track their gear at all times.
Circadian Positioning Systems, Newport, Rhode Island
Circadian Positioning Systems has developed a system that tracks cycles of sleep and wakefulness and circadian patterns using an integrated hardware and software solution.
CyberOwl, Birmingham, UK
CyberOwl helps maritime and critical infrastructure asset operators gain visibility, cybersecurity, and compliance of systems on their distributed, remote assets.
Dive Technologies, Quincy, Massachusetts
Dive Technologies is developing a large-diameter, deep-water-rated, autonomous underwater vehicle called the DIVE-LD.
ECOncrete Tech, Tel Aviv
ECOncrete develops high performance, environmentally sensitive concrete products that enhance the biological and ecological value of coastal and marine infrastructure.
Flux Marine, East Greenwich, Rhode Island
Flux Marine manufactures electric outboard motors. Existing gas motors have low reliability, high maintenance costs, and contribute to air and water pollution, the company said.
Hydromea has developed affordable, portable autonomous underwater drones and wireless optical modems that can monitor and inspect subsea infrastructure and underwater environments.
Kraken Sense, Mississauga, Ont., and Sydney, NS
Kraken Sense is a hardware and software company that develops water quality sensors for food processors and aquaculture operations.
Marine Performance Systems, Rotterdam, Netherlands
Marine Performance Systems has developed a fluidic air lubrication solution that helps ships move more easily through the water, reducing fuel usage and greenhouse gas emissions.
Remora Fishing Traceability, Costa Rica
Remora Fishing Traceability is a seafood traceability company for small scale fisheries that has developed hardware and software to collect and analyze data throughout the fishing supply chain.
SafetyNet Technologies, London
SafetyNet Technologies provides precision fishing hardware and software solutions to protect endangered or juvenile species from being caught in industrial fishing processes.
Umami Meats, Singapore
Umami Meats is an alternative protein company developing cultured seafood based on a low-cost and sustainable formulation.
The list of oceantech companies on the CDL website includes five graduates that attended the general CDL Atlantic stream in 2019-20. They are:
Aquaai. San Diego
Aquaai is an AI-powered web platform and a specialized fishlike autonomous underwater vehicle that provides real-time visual and environmental data, accessible through an online dashboard.
Impactful Health Research & Development, Dartmouth, NS
Impactful Health is developing active compostable packaging to extend the shelf life of fresh foods, increasing return on investment for the entire value chain.
Open Ocean Robotics, Victoria, BC
Open Ocean collects real-time ocean data using proprietary solar-powered autonomous boats, equipped with batteries that allow up to six months of continuous operation.
Seatrec, Vista, California
Seatrec. has developed portable renewable energy systems for underwater drones that can deliver 10 times the energy of lithium-ion batteries, the company said.
ShipReality, Wilmington, Delaware
ShipReality uses mixed reality to speed up and improve the process of ship design and operational efficiency by allowing ship and marine engineers to collaborate remotely.