Building a Thriving Blue Economy

A new guide into the blue economy, co-sponsored by Katapult Ocean, has highlighted a major increase in investment in the blue economy.

The guide notes that VC funding in the sector has increased tenfold in the past eight years, such that total blue economy investments amounted to $3.1B in 2023.

The guide also analyses the blue economy regionally and by sector, noting how funding is heavily concentrated in Europe and North America and that the lion’s share of investments are going towards shipping and ports.

While the blue economy is undoubtedly an underinvested space relative to its potential and dwarfed by other sectors such as climate tech, there is clear positive momentum.