In Katapult Ocean we invest in and support startups with a positive impact on our ocean. We do this through our ocean impact accelerator, the Katapult Ocean fund and by creating a positive awareness of the great business opportunities in a sustainable ocean.
We have made 23 investments in exciting ocean tech companies from all over the world (14 countries, 4 continents). We have brought them through a 3-month long accelerator program out of Oslo, Norway. We have a global network of more than 100 mentors supporting this, and a team based in Oslo, Norway and San Francisco, US. The investments are backed by a fund with international investors (Norway, Sweden, Germany, the Netherlands, Canada, Singapore). We have built a platform to push the green shift in the ocean industries, our impact is much bigger than the direct investments we make. We work with corporates and investors to encourage more investment, piloting and engagement with ocean tech startups. We attract interest from start-ups all over the world, and currently have a pipeline of more than 1000 ocean technology start-ups. Together with McKinsey & Co we published our report Blue World Perspective during Our Ocean this fall. This outlines the trends we see in the global landscape for ocean tech startups.
Since Katapult Ocean was founded in April 2018, we have become a leading force in ocean technology impact investments. We recently joined the accelerator network of the UN Global Compact Action Platform for Sustainable Ocean Business, and we have been invited to sit on the Norwegian Prime Ministers advisory network for the High-Level Panel for a Sustainable Ocean Economy. We also collaborate with the WEF and Friends of Ocean Action on the Uplink platform to connect the WEF network with ocean startups.