Norway-based impact investment firm Katapult Ocean will launch a $50 million fund in Singapore in early 2026 to invest in start-ups that support ocean health in Asia.
An article in the Straits Times said Katapult Ocean Asia associate director Maureen Bresil said opportunities in the region include decarbonization, ocean pollution, sustainable aquaculture and eco-tourism.
“We wanted to be in Asia – closer to funders, closer to issues we need to tackle,” she said.
Existing estimates suggest that five Asian countries–China, Indonesia, the Philippines, Thailand and Vietnam–account for up to 60% of the plastic waste leaking into the ocean. UN data also shows that Asia accounted for 75% of the world’s total fisheries and aquaculture production.
“We also want to be in Singapore, because we know that there is a lot of capital there that can be diverted into ocean impact in Asia,” Bresil said.
