Ocean Solutions Accelerator’s third wave tackles a new set of aquatic challenges

The Sustainable Ocean Alliance and its Ocean Solutions Accelerator take on the problems facing our planet’s waters, and the latest cohort of companies in the latter show a fresh slate of issues to address and resources to utilize. From reef rehabilitation to a “Fitbit for fishing boats,” they’re trying to fix things up in the oceans or at least mitigate the damage we’re doing down there.

The accelerator’s four week, all-virtual (like all of them these days) program focuses on the unique challenges faced by social good companies in this space.

“Startups in the sector are still struggling to find adequate funding during the early phases of operations,” the accelerator’s co-founder Craig Dudenhoffer told TechCrunch in an email. “Many of the solutions (especially hardware) are costly to produce and take a heavy upfront cash investment. We found that out of the hundreds of applicants, only a fraction had received substantial investments. We believe more investors need to educate themselves on opportunities in the ocean sector.”

The SOA team selected nine companies for this wave, only three of which are U.S.-based. “This year ..

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