We are proud to announce that ARC Marine Limited has received investment from Katapult Ocean. Katapult Ocean invests in and helps build and scale profitable businesses with a positive impact on the ocean. We have been selected as one of twelve global companies to participate in the second accelerator cohort taking place in Oslo from November 25th 2019 to February 20th 2020. In the selection process, Katapult Ocean had a pipeline with more than 850 startups to select from. “We are delighted to join this exciting world-class accelerator programme and have the opportunity to meet with so many Ocean focused entrepreneurs, potential clients and investors”, said Tom Birbeck, CEO and Co-Founder.
What the Katapult Co-founder said
“The world’s reefs are essential for a thriving ocean but face tremendous challenges. We were impressed by the passion and knowledge of the ARC Marine team – combining expertise in marine biology and engineering to create an ocean enhancing construction material with multiple applications,” said Maren Hjorth Bauer, CEO and Co-founder of Katapult Ocean
About Katapult Ocean
Katapult Ocean ‘s vision is a thriving ocean in harmony with economic development. To fulfil this, Katapult Ocean invests in and supports startups with a positive impact on our oceans. We do this through our ocean impact accelerator, the Katapult Ocean fund and by creating positive awareness of the great business opportunities in a sustainable ocean.