Blue Action Accelerator

Accelerator

Blue Action Accelerator is an early stage investment platform focused on the Blue Economy and ocean technologies. The organisation is a collaboration between Founders Factory and Blue Action.

Website

Portfolio

companies

Portfolio companies

DRIFT Energy

DRIFT Energy builds high performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea.

Team

George Northcott

Co-Founder

Recent investments

Seed16 August 2024

£4.7M

DRIFT Energy secures £4.7m in seed financing led by Octopus Ventures to build its first green hydrogen producing vessel

EnergyTech

The seed round was led by Octopus Ventures with support from Blue Action Accelerator to finance the company initial vessel build.

"Octopus Ventures is a prolific and experienced investor in the field of Deep Tech, and we are thrilled to announce their investment in DRIFT,"

— Ben Medland, Founder and CEO

DRIFT Energy—Bath, UK

Octopus Ventures + 1 other