OCTAVE Capital, Katapult Ocean launch $96.15m ocean fund

The fund is designed to accelerate solutions.

OCTAVE Capital and Katapult Ocean have launched the Asia Ocean Fund, a $96.15m (US$75m) impact fund, with the signing of a memorandum of understanding at IMPACT WEEK 2025.

The fund is designed to accelerate solutions, fill critical gaps in early-stage funding across, and provide strong backing to the ecosystem.

Together, the two will co-manage the fund to advance maritime decarbonisation, ocean renewable energy, green shipping infrastructure, ocean biodiversity and restoration solutions, circular resources, and sustainable aquaculture and marine biotechnology.

Targeting over 20 investments over the next five years, the first accelerator is set to launch in the first half of 2026.

($1=US$0.77)

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