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Today’s Highlights:
🔝Top Story: Irish Marine Robotics Startup Xocean Secures €115M to Expand Ocean Data Services Across Energy and Climate Sectors.
💲Investment: The Department of the Interior allocated $121 million to support Tribal climate resilience, and Karman Industries secured $7.5 million to scale electric heat pumps reducing industrial emissions.
🔬 Innovation: A U.S.-Japan project is developing a $1M flood resilience model addressing vulnerable groups, and University of Nottingham scientists advanced catalysts for efficient green hydrogen production from ammonia.
🔄 Integration: H2 Hollandia, ZEBRE, and Hyphen advance green hydrogen and renewable energy projects in Europe, Australia, and Namibia.
💡 Intelligence: 15 CTOs Advancing Climate Action to Know in 2025.
Irish Marine Robotics Startup Xocean Secures €115M to Expand Ocean Data Services Across Energy and Climate Sectors
Image Credit: Xocean
Xocean’s Innovative USV Technology
Founded in 2017, Xocean operates a fleet of uncrewed surface vessels (USVs) equipped with advanced sensors to capture ocean data such as seafloor topography, sediment layers, and geological structures. Controlled remotely via satellite, these USVs provide cost-effective, low-impact data collection, serving major clients like BP, Shell, and government agencies.
Mission and Market Opportunity
Xocean aims to support sustainable ocean development with precise and scalable data solutions. Its technology addresses the growing demand for actionable insights in offshore wind energy, asset maintenance, and climate resilience, aligning with venture capital trends favoring revenue-generating climate tech solutions.
Scaling Up With New Funding
With €115 million ($119 million) in new funding, Xocean plans to expand geographically and target additional offshore sectors, including carbon capture, wind energy, and civil hydrography. This investment brings its total funding to $189 million, positioning the company to play a pivotal role in advancing sustainable ocean infrastructure. Read More
Investment Highlights of the Day
- The Department of the Interior announced $121 million to help 96 Tribes and 10 Tribal organizations address climate threats and enhance resilience using funds from key federal initiatives. Read More
- Karman Industries raised $7.5 million in VC funding to scale its electric heat pump solutions, which cut industrial manufacturing emissions and costs by replacing gas boilers. Read More
Innovation Highlights of the Day
- A joint U.S.-Japan project funded by NSF and JST aims to develop a $1 million flood resilience modeling framework that integrates natural conditions, human perceptions, and policies while addressing the impacts on vulnerable groups. Read More
- Scientists at the University of Nottingham have developed ruthenium nanocluster catalysts on carbon that improve over time, enabling efficient hydrogen generation from ammonia for green hydrogen production. Read More
Integration Highlights of the Day
- H2 Hollandia will produce 300,000 kg of green hydrogen annually from surplus solar energy, aiding decarbonization in transport and construction starting in 2026. Read More
- ZEN Energy and Taiwan’s HDRE launched ZEBRE, a joint venture targeting 1GW of energy storage and 400MW of solar PV in Australia, with HDRE holding 70% equity and investing AU$43M. Read More
- Hyphen Hydrogen Energy and the SDG Namibia One Fund are developing Namibia’s first gigawatt-scale green hydrogen project, leveraging solar and wind resources to produce sustainable hydrogen for local use and global export. Read More
Climate Insider Intelligence: 15 CTOs Advancing Climate Action to Know in 2025
From Christine Gabardo at CERT Systems transforming CO2 into valuable chemicals to Suneet Shivaprasad at Rare Earth Global decarbonizing supply chains, these trailblazing Chief Technology Officers are at the forefront of climate innovation. Explore how leaders like Kevin Gentil-Cantin of Clearsum are harnessing AI for climate risk assessment and Panos Stravopodis of Elyos Energy is optimizing energy use in commercial buildings. Dive into the game-changing technologies shaping the future of sustainability. Read More