Funding Blue Economy Startups
We invest in the Unicorns of the Sea
Named after the arctic whale that is often dubbed as unicorn of the sea for its large tusk, Narwhale Ventures is an ocean economy-focused impact-driven venture capital strategy. We provide early-stage financing to startups active in offshore renewable energy, marine mobility and sustainable ecosystems.
It is our believe that generating a positive sustainable impact for the environment and humankind by investing in new technologies that help mitigating the impact of climate change and allow for a more sustainable use of the ocean resource can also yield market returns for investors.
Why the Ocean?
The ocean plays a crucial role in supporting life on Earth and has significant economic, environmental, and societal importance. The ocean covers more than 70% of our planet’s surface and a plays a crucial role in maintaining the delicate balance of our ecosystem. It acts as a massive carbon sink, absorbing vast amounts of carbon dioxide from the atmosphere and helping regulate our climate. Additionally, the ocean is home to an incredible diversity of life, providing sustenance for billions of people and supporting countless industries.
The Vital Role of the Ocean
The ocean absorbs more than 90% of the excess heat trapped by greenhouse gases in the atmosphere. This heat absorption regulates global temperatures, preventing more extreme warming of the Earth’s surface. The heat is then redistributed by ocean currents.
The ocean generates approximately half of the Earth’s oxygen, meaning every other breath we take owes its existence to the sea.
Transport & Mobility
Nearly 90% of all goods worldwide (by volume) are transported by sea.
Food and Health
The global population is increasing to unprecedented levels. Today, already 3 billion individuals depend on seafood as their primary source of protein.
At Narwhale Ventures, we recognize the ocean’s indispensable role in supporting life, regulating climate, and nurturing biodiversity. Its vastness is not just a testament to nature’s wonder but also a lifeblood for humankind and our environment. We believe in the transformative power of innovation and entrepreneurship to address the world’s most pressing ocean-related challenges. We actively seek out and empower early-stage startups that hold the promise of advancing the ocean economy while paying a crucial role in climate mitigation. Through strategic investments, we aim to drive sustainable impact, foster innovation, and shape a future where the ocean’s health and our global climate are in balance.
Our Investment Themes
Harnesssing the Ocean’s Power
Decarbonization of Marine Vessels and Infrastructure
Healthy Ocean & Healthy People
Named after the arctic whale that is often dubbed as “unicorn of the sea” Narwhale Ventures is launched as a global investment program to provide early-stage financing to sustainability driven startups from the Blue Economy.
Narwhale Ventures is managed by 10power9, a privately-owned company, with presence in Asia and the EU. 10power9 provides financing to innovative SMEs and disruptive startups. 10power9 represents the mathematical expression for 1 billion (10^9). It is our audacious goal to positively impact the lives of 1 billion individuals.
10power9 was founded by Celine Schulze and Andreas Schulze. They are supported by a strong growing team of experienced industry professionals and sector experts from renowned academic institutions for the blue economy.
Co-Founder & Managing Partner
Celine has 15 years of experience in the financial investment industry, including a Shanghai-based VC, as well as Beijing- and Geneva based business angel networks. She has as master’s degree in Finance and an master’s degree in Business Psychology.
Co-Founder & Managing Partner
Andreas has more than 19 years’ experience in portfolio management. He started his career in asset management at Allianz Global Investors where he joined the global energy and commodities team as sector analyst. In 2009 he joined Swiss alternative asset manager Patrimonium where he managed several funds providing financing to around 200 SMEs in Europe with a combined financing volume of EUR 1.2bn. He has a diploma in International Business and holds a master’s degree in Economics.
For Sustainable Oceans
10power9 Pte Ltd.
79 Anson Road, #23-01 (The Hive)