Norway's Katapult and Octave Capital launch $75m Asian ocean fund to 'bridge' investment gap

18 sep. 2025
11:43
Norway’s Katapult Ocean and Singapore-based Octave Capital have launched what they say is Asia’s largest-ever ocean-focused impact fund.
"Asia’s blue economy holds immense promise, but what’s been missing is the bridge between innovation and capital," says Jonas Skattum Svegaarden, Katapult Ocean’s chief executive.
"Asia’s blue economy holds immense promise, but what’s been missing is the bridge between innovation and capital," says Jonas Skattum Svegaarden, Katapult Ocean’s chief executive.
Katapult Ocean and Octave Capital have launched a $75mn (€63m) fund to scale early-stage technologies across Asia's blue economy.
Jonas Skattum Svegaarden, Katapult Ocean’s chief executive, says that the Asian Ocean Fund seeks to “de-risk early-stage ventures and empower Asia’s ocean economy to lead globally.”