recent oceantech news
Ocean Enterprises Surging: Nadeau
Atlantic Canada’s cluster of service and data-related oceans companies is comparable in size to the largest American clusters, such as Massachusetts, and its growth has accelerated since the opening of COVE, a study by the Dartmouth-based bluetech
Ocean Startup Project Names Cohort
Dartmouth-based carbon sequestration specialist Planetary Hydrogen has won as much as $200,000 from the Ocean Startup Challenge competition, along with 39 other bluetech companies that bagged a combined $1.4 million in smaller prizes.
The Ocean
CDL Partners With Virginia’s Ocean Visions
Startup accelerator Creative Destruction Lab’s oceans stream has joined Virginia-based industry group Ocean Visions to offer training to startups gunning for the Carbon Removal XPRIZE -- a cleantech startup competition with a US$100 million prize,
COVE Joins International Consortium
A consortium of bluetech support organizations that includes Dartmouth’s COVE ocean technology hub has signed a memorandum of understanding to collaborate on research planning, technology commercialization and supply chain management.
Announced at
Bluetech Funding Lags
Atlantic Canada’s ocean technology sector is growing faster than ever, but Entrevestor’s 2020 Startup Data Survey shows possible trouble ahead on the funding front.
Although just a few years old, the segment has already achieved a degree of
PanGeo to Lead $3.4M OSC Project
PanGeo Subsea, which was bought by fellow Newfoundland and Labrador company Kraken Robotics in July, will lead a $3.4 million Ocean Supercluster project to develop seafloor imaging technology for offshore energy installations.
Also on board are
Kraken Closes $10 Million Raise
St. John's-based Kraken Robotics said Monday it has closed a deal, announced last week, to raise $10 million from a consortium of investment bankers, who will then have the option to sell their stock on the TSX Venture exchange.
The $10 million
Kraken Robotics Buys PanGeo
St. John's-based Kraken Robotics said Wednesday it has inked a deal to raise $10 million by selling shares to a consortium of underwriters led by investment bank Canaccord Genuity Corp. It will also buy another Newfoundland and Labrador company,
ACOA Lends OceanSync $94K
The Atlantic Canada Opportunities Agency has lent $93,888 to Halifax-based OceanSync Data Solutions to help the company develop weather data solutions for the shipping industry.
The federal economic development agency issued a press release Friday
Quebec’s Oneka Plans NS Base
Sherbrooke, Que,-based Oneka Technologies has raised $5.5 million in a round of equity and non-dilutive funding led by Nova Scotia venture capital Crown corporation Innovacorp, and plans to establish a base in Atlantic Canada.
Founded in 2015 by
CDL Oceans Graduates 12 Startups
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
MareComms, Sedna in MassChallenge
Two Dartmouth-based oceantech startups, Marecomms and Sedna Technologies, have been accepted into the MassChallenge accelerator, one of the top startup programs in the U.S.
Participation in the prestigious program would benefit any startup, but it