A few weeks ago, I had the opportunity to attend The World Ocean Summit hosted by Economist Impact as part of my ClimateCap Fellowship and on behalf of Propeller as their MBA Venture Capital intern. A few weeks later, I’ve now had time to reflect on my experience at the Ocean Summit, and look back on main takeaways from the keynote speeches, panel discussions, and meet and greet conversations. In doing so, I have pulled together the key themes I feel were central to the summit and are critical to achieving a sustainable blue economy.

Today we are proud to announce our first fund of $100 million [press release],committed to innovators building scalable companies that tackle the climate crisis with science-led solutions. Our mission is to leverage and protect our planet’s greatest asset, the ocean. Propeller will accelerate the science, innovations, and solutions that can mitigate the worst effects of climate change. The ocean is critical to reducing emissions and drawing down carbon dioxide, and few know this as well as our friends and partners at Woods Hole Oceanographic Institution (WHOI). As WHOI’s president and director, Peter deMenocal, once put it to us, “You simply can’t get there without the ocean.”

Unique partnership with Woods Hole Oceanographic Institution and veteran leadership team deploys vital capital to blue economy ‘narwhals’ at the nexus of ocean innovation, science and technology