What is Narwhale Ventures Ocean Accelerator?
Narwhale Ventures Ocean Accelerator (NOA) is a unique venture capital strategy laser-focused on the ocean economy. It’s all about impact—driving positive change while backing early-stage startups that are shaking up offshore renewable energy, marine mobility, and sustainable ecosystems. The core belief? Investing in cutting-edge tech that tackles climate change and promotes sustainable ocean use not only benefits the planet and people but can also deliver solid market returns. It’s a win-win for the environment and investors alike.
Why the Ocean Matters: Key Facts and Figures
The ocean isn’t just vast—it’s vital. Here’s why it’s a game-changer:
- Covers over 70% of Earth’s surface, playing a huge role in ecosystem balance.
- Acts as a massive carbon sink, soaking up tons of CO2 and helping regulate climate.
- Home to incredible biodiversity, feeding billions worldwide.
- About 90% of global trade goods move by sea, highlighting its economic importance.
- Maritime shipping contributes roughly 2-3% of global CO2 emissions, making it a key area for decarbonization.
- Over 3 billion people rely on seafood as a major protein source.
- Approximately 8 million metric tons of plastic enter oceans annually, posing huge environmental challenges.
- Freshwater makes up only 2.5% of the world’s water, emphasizing the need for innovative water treatment and desalination solutions.
Investment Themes Driving Innovation
Narwhale Ventures zeroes in on three main themes that are shaping the future of the blue economy:
Energy: Offshore renewable energy (ORE) holds massive untapped potential. Floating wind and solar farms are opening up new frontiers, especially for remote areas and islands without grid access. Plus, green hydrogen and ammonia, produced via ORE, are set to become key players in the energy mix. This sector is buzzing with innovation and economic opportunities.
Mobility: Shipping is the backbone of global trade but also a significant emitter of greenhouse gases. New tech is stepping up to decarbonize maritime transport without sacrificing efficiency or competitiveness. It’s a tough challenge, but one that’s crucial for a sustainable future.
Sustainable Ecosystems: With billions depending on seafood, sustainable fishing and aquaculture are more important than ever. Tackling overfishing and harmful practices requires fresh, innovative solutions. Plus, addressing plastic pollution and water scarcity through advanced treatment and desalination tech is essential for long-term ocean health.
Mission and Vision: Driving Ocean Health and Climate Balance
Narwhale Ventures sees the ocean as more than just a vast expanse—it’s a lifeline for life on Earth. Their mission is to harness the power of innovation and entrepreneurship to solve pressing ocean challenges. By backing startups that push the boundaries of technology and sustainability, they aim to create a future where ocean health and global climate are in harmony. It’s about making a real, measurable impact while fostering growth and innovation in the blue economy.
About Narwhale Ventures and Its Roots
Launched as a global investment program, Narwhale Ventures focuses on early-stage financing for sustainability-driven startups within the Blue Economy. Managed by 10power9—a privately-owned company with strong footprints in Asia and the EU—it leverages a team of seasoned industry pros and academic experts. Founded by Celine Schulze and Andreas Schulze, 10power9 champions innovative SMEs and disruptive startups, fueling the growth of a sustainable maritime industry through investments in offshore clean energy, digitalization (think IoT, AI, smart ports), carbon dioxide removal (CDR), aquatic food, water treatment, desalination, and plastic alternatives.
Impact on Sustainable Development Goals (SDGs)
- SDG 7: Affordable and Clean Energy – through offshore renewable energy investments.
- SDG 9: Industry, Innovation, and Infrastructure – by fostering innovative maritime technologies.
- SDG 12: Responsible Consumption and Production – promoting sustainable seafood and plastic alternatives.
- SDG 13: Climate Action – targeting decarbonization and climate mitigation efforts.
- SDG 14: Life Below Water – protecting marine ecosystems and biodiversity.
- SDG 6: Clean Water and Sanitation – advancing water treatment and desalination technologies.
Engaging with the Narwhale Ventures Ocean Challenge 2025
The Narwhale Ventures Ocean Challenge (NOA) 2025 is an exciting 8-week accelerator designed to empower startups passionate about sustainability in the Blue Economy. It’s a free program that connects ambitious companies—both foreign and Philippine-based—with the insights, networks, and resources needed to thrive in the Philippine market. The program runs from May 13 to July 1, 2025, blending online expert webinars with key in-person events. Startups get to dive deep into topics like market landscape, team building, impact measurement, and investment readiness. Plus, there’s a pitch competition with cash prizes—talk about motivation! It’s a fantastic opportunity for startups ready to make waves in the ocean economy.
