Ocean data start-up Xocean secures €1.7m in EU funds

Ocean data start-up Xocean secures €1.7m in EU funds
Xocean's uncrewed surface vehicles being transported. Image: Xocean
The money will be used for further commercial expansion of the Louth company’s uncrewed surface vehicles for ocean data surveys.
Xocean, the Louth start-up building uncrewed vessels for collecting ocean data, has secured €1.7m in EU grant funding to bring more of its vessels to market.
The funding comes from Blue Economy Window, an EU programme funded by the European Maritime and Fisheries Fund (EMFF) and the Climate, Infrastructure and Environment Executive Agency, or CINEA.
The programme has a €20m pot to invest in start-ups and initiatives that are focused on sustainable development of Europe’s ocean economy.

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