We are a newly organized blank check company. (Incorporated in the Cayman Islands)

We are strategically positioned to capitalize on the immense opportunities within the biotechnology, healthcare and technology sectors. With a seasoned team, extensive industry experience and a disciplined investment approach, we are committed to creating value for our investors while fostering the next generation of industry leaders.

The biotechnology and healthcare sectors are experiencing rapid growth fueled by innovations in drug discovery, personalized medicine, medical devices and telemedicine. We intend to target companies that are leading the charge in developing groundbreaking therapies, diagnostic tools and health technology solutions. Key areas of focus include:

The technology sector remains a critical driver of economic growth and innovation. Our investment strategy is centered on companies that are revolutionizing industries through advanced technological solutions. Key areas of interest include:

Our management team is made up of seasoned professionals with extensive experience across the biotechnology, healthcare and technology sectors:

*Joseph Hernandez, our chairman and CEO since inception, is an entrepreneurial leader with over 25 years of experience in the healthcare field. He is the founder of Blue Water Venture Partners, LLC, an investment firm, where he is also the senior managing partner. Along with Blue Water Venture Partners, LLC, Mr. Hernandez is the chairman and founder of several other biotechnology companies, including Perseus Therapeutics, Inc., spun out of Duke University and focused on developing novel therapies for preventing hair loss in chemotherapy-treated cancer patients and for cosmetic use; Temple Street Biotech, Inc., focused on advancing Alzheimer’s disease treatments; Eternity Biotech, spun out of Yale University and committed to developing advancements in life extension, and Energia Power Systems, Inc., spun out of Stanford University, a novel battery company. 

Martha F. Ross, a CPA, is our CFO. She brings over 25 years of global financial, strategic growth and accounting leadership experience in tech, manufacturing, communications and electric power generation, including expertise in various government funded and regulated industries. From 2020 to present, she has served as the CEO of CFO, COO and BPI Consulting, specializing in helping high-growth, high-change organizations scale from pre-IPO to publicly traded, with mergers, reorganizations and significant business model or enterprise system changes. Clients have included for profit and nonprofit clients in healthcare, logistics, education, utilities and multifamily real estate. During this time, she also served as chief financial officer of Clean Earth Acquisitions Corp., a special purpose acquisition company that completed its $230 million initial public offering in February 2022 and consummated a business combination with Alternus Energy Group in December 2023. 

(Note: Blue Water Acquisition Corp. III filed its S-1 for its SPAC IPO on Feb. 19, 2025, and disclosed the terms: 20.0 million units at $10.00 each to raise $200.0 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant.)