Seabird Ventures

Investing for the Ocean

Early-stage venture capital building the sustainable blue economy.

$2.5–3T
Annual ocean economy
Ocean investment growth in 5 years
$175B
Annual funding gap
25–30%
of CO₂ absorbed by the ocean

Why oceans

One of the largest economic and innovation frontiers on Earth.

If the ocean economy were a country, it would rank among the largest in the world, generating an estimated $2.5 to 3 trillion annually, and growing 2.5× faster than the global economy since 1995. Ocean investing is becoming one of the most significant opportunities in sustainability.

The modern world runs on ocean infrastructure: ~90% of global trade moves by ship, ~99% of international data travels through subsea cables, and 3.3 billion people depend on seafood for protein. The ocean also captures 25–30% of annual carbon emissions, making it both a climate engine and a climate solution.

Ocean investment has grown 7× over the last five years, following a trajectory similar to biotech in the 2010s and emerging as its own stand-alone field. From offshore renewable energy and sustainable aquaculture to ocean data platforms and plastic alternatives, these are fast-growing markets attracting global capital, and we believe ocean investing will be one of the most important sustainability sectors of this decade.

What we invest in

Where the ocean meets the market.

Full thesis
Green cargo ship with wind-assist sails

Maritime Decarbonization

Efficiency in maritime industries, offshore renewable energy, green shipping, electrification, ports.

Turquoise seawater brine pool

Minerals and Chemicals

Alternative e-fuels, bio-chemicals, critical minerals from seawater/brine (without mining).

Crystal turquoise coastline

Circular Economy

Plastic reduction, alternative packaging, ocean-derived sustainable products.

Ocean wave currents from above

Ocean Data

Big data/software focus, AI/ML, sensors, resource light, efficiencies for big ocean industries.

Offshore aquaculture pens

Aquaculture Tech

Sensors, data, sustainable feed, operational efficiencies, animal health, robotics.

Mangrove forest roots

Coastal Resilience

Flood intelligence, adaptation infra, parametric insurance.

Sustainable Ocean Alliance

The SOA Advantage

A venture fund born from a global ocean movement.

As the affiliated venture fund of the Sustainable Ocean Alliance (SOA) and the Ecopreneur Network, our Seabird Ventures portfolio receives lifetime access to a startup support program with technical mentorship, investor relations, peer-to-peer networking, promotional events, and direct investments.

Working together our two organizations have co-invested in 45+ companies serving as one of the most active early stage ocean impact investors since 2018. Returns help advance SOA's non-profit mission.

Our model is built on a simple insight: Venture philanthropy can take the earliest risk. Venture capital can scale what works.

How the partnership works
17
Portfolio companies
6
Investment verticals
20+
Countries represented
$3T
USD Ocean Economy Opportunity

Team

Ocean Experts

Meet the team
Matthew Mulrennan

Matthew Mulrennan

Head of Investments

With 18+ years across ocean science, venture, and impact investing, Matt has accelerated 145 ocean startups, deployed $10M in XPRIZE grants, and co-founded the first climate VC fund in Latin America.

Alicia Hernandez Arriaga

Alicia Hernandez Arriaga

Investment & Impact Associate

Climate tech investor with an ocean focus, Alicia has evaluated 600+ startups across two VC funds and led diligence on deals spanning maritime decarbonization, aquaculture, and circular economy.

Anne Park

Anne Park

CEO, SOA

A Kauffman Fellow with 20 years across impact investing and global development, Anne leads SOA's strategy and Seabird's investment committee.

Kim Kolt

Kim Kolt

Investment Committee Member

A seasoned climate tech investor and board member, Kim brings deep experience in early-stage venture and impact capital to Seabird's Investment Committee.

Building in the ocean economy? Investing in it?

We'd like to hear from you, whether you're a founder seeking capital, interested in learning more about ocean investing, or a partner across the network.