Summary: Katapult Ocean, a Norway-based impact investment firm, plans to launch a US$50 million fund in Singapore in early 2026 to invest in start-ups supporting ocean health in Asia. The fund aims to address issues like ocean pollution, sustainable aquaculture, and eco-tourism, particularly in Southeast Asia, where five countries account for up to 60% of plastic waste entering the ocean. This development comes amid growing interest from the private sector in the blue economy, with initiatives like the 1,000 Ocean Startups coalition Asia-Pacific and Circulate Capital, a private equity firm focused on preventing plastic pollution, already making significant strides in the region.

Link: https://www.businesstimes.com.sg/startups-tech/startups/singapore-host-s64-million-fund-norway-based-firm-start-ups-asia-ocean-health