The Ocean Opportunity in Asia-Pacific

Asia-Pacific is at the center of the global ocean economy, yet remains significantly undercapitalized.

Demand for sustainable resources is rising, regulation is tightening, and environmental pressures are accelerating. Together, these forces are reshaping how ocean industries operate, invest, and grow.

A new generation of entrepreneurs is emerging to respond. But many remain constrained by limited access to capital, fragmented markets, and a lack of scaling support.

This creates a clear opportunity: to back and scale solutions that are both commercially viable and essential to the long-term resilience of the ocean.

An Integrated Investment Platform

Asia Ocean Fund operates as an integrated platform designed to accelerate ventures from early-stage to scalable growth.

It combines catalytic capital, accelerator support, ecosystem access, and follow-on investment within a single framework — reducing fragmentation and enabling more efficient progression across the venture lifecycle.

By pairing capital with operational and market support, the platform actively de-risks ventures investments and provides the backbone of successful scaling, while maintaining disciplined investment execution.

A Structured Path to Scale

The Asia Ocean Fund applies a disciplined, end-to-end approach to support companies from early stage through to scalable growth.

The accelerator functions as a core component of this model—working alongside capital deployment to strengthen ventures, accelerate validation, and unlock growth.

HOW IT WORKS

Selection

Identifying and investing in high-potential ventures addressing critical ocean challenges across Asia-Pacific.

Acceleration

Strengthening operational, commercial, and strategic foundations through targeted and hands-on support.

Execution

Advancing commercial traction through real-world deployment, partnerships, and market engagement.

Growth

Supporting companies leveraging our global network as they expand capabilities, market presence and business growth.

Scale

Deploying follow-on capital to accelerate expansion across markets and drive long-term impact.

Through this integrated approach, capital and support are deployed in sync — accelerating progression from early-stage development to scalable outcomes.

This reduces risk, improves capital efficiency, and increases the likelihood of long-term success across the platform.

A Network Designed to Enable Scale

The Asia Ocean Fund operates within a network of committed investors, operating companies, entrepreneurs, policy makers and ecosystem committed towards growing the blue economy across Asia-Pacific and globally.

This network is not peripheral — it is actively mobilized to support ventures, providing access to capital, operational expertise, and real market opportunities.

Through close collaboration with industry partners, companies gain pathways to deployment, commercial traction, and regional expansion — accelerating their ability to scale.

Network

Motion
Shift4Good
TPC
EURAZEO
Enterprise Singapore
EDB Singapore
Centre for Impact Investing and Practices
Temasek Trust
Social Innovation and Investment Foundation
Aim Horizon Investments
Global Centre for Maritime Decarbonisation

A Strategic Partnership

Asia Ocean Fund is a joint initiative between OCTAVE Capital and Katapult Ocean.

Katapult Ocean contributes a global track record in early-stage ocean investment and accelerator-driven venture building.
OCTAVE Capital brings deep maritime and industrial expertise across Asia-Pacific and globally combined with experience as an impact fund manager with direct access to industry players and regional markets.

Together, this partnership combines industry access with investment and execution capability — enabling the Asia Ocean Fund to source, support, and scale ventures effectively globally and across the Asia Pacific region.

Meet The Team

Leadership Across Investment and Ocean Innovation

The team combines deep expertise in impact investing, ocean investment, maritime industries, and venture acceleration.

 

This enables disciplined investment decisions and hands-on support—helping companies to navigate complex markets, access industry, and scale effectively across the region.

Chavalit Frederick Tsao
TPC Steward and Chairman
Principal Advisor
Chavalit Frederick Tsao is the fourth-generation leader of TPC, a family business with over 120 years in maritime trade. He became chairman at 37 and has played a key role in modernizing and expanding the group’s vision. He also led Intercargo, promoting collaboration across the maritime industry. Deeply engaged in sustainability, he founded the East West Cultural Development Centre, emphasizing holistic approaches, purpose-driven business, and long-term stewardship across industries.
Tharald Nustad
Founder, Katapult Group
Principal Advisor
Tharald Nustad is a serial entrepreneur and founder of Katapult Group, a global platform supporting impact-driven startups through accelerators, funds, and events. Since shifting fully into impact investing in 2014, he has helped launch and scale over 200 startups addressing climate, ocean, and social challenges. With a background in building and exiting technology companies, he combines entrepreneurial experience with a focus on systems change and is co-initiator of TWIST.
May Liew
CEO and Executive Director, OCTAVE Capital
Managing Director, Investment Committee (IC) and Board Member

May brings over 20 years of experience in investment, corporate strategy, and sustainability. She has led global climate tech investments, focusing on deep decarbonization and building strong ESG and impact frameworks. Her background includes senior roles in energy utilities, where she drove innovation and aligned business strategies with the UN SDGs. Earlier, she worked in investment banking across New York and Hong Kong, and as a financial analyst in Boston and Singapore, integrating financial performance with environmental impact.

Axel Tan
Investment Director, OCTAVE Capital
Asia Ocean Fund Team
Axel has over a decade of experience deploying more than USD 100M across 40 startups, achieving exits through IPOs, acquisitions, and trade sales. He has deep expertise in maritime and logistics, including investments in technologies such as wind-assisted propulsion. Axel has built venture capital teams, supported startups in scaling with corporates, and developed new ventures through studio models. He previously founded a transport-focused corporate VC and held key roles at IMC Ventures and Octave Capital.
Maureen Brésil
Impact Director, Katapult Ocean
Asia Ocean Fund Team
Maureen is CEO and Co-founder of KUL Loesninger 3 and a key member of the Katapult Ocean team, leading the establishment of Katapult Ocean Asia from Singapore. With over 15 years in industrial operations, including roles as Process Engineer and CTO, she brings strong technical and operational expertise. She transitioned into ocean impact investing to support scalable solutions across Asia-Pacific and builds partnerships across investors, corporates, founders, and policymakers with a relationship-driven approach.
Jonas Skattum Svegaarden
CEO and General Partner (GP), Katapult Ocean
Investment Committee (IC) and Board Member

Jonas is CEO of Katapult Ocean and CIO at Katapult, a global impact investment platform backing over 150 startups across 32 countries. With 18 years in asset management, he co-founded a top-performing sustainable hedge fund in the Nordics and spent nine years at Svenska Handelsbanken managing global multi-asset portfolios. He brings strong expertise in scaling impact ventures and has helped position Katapult Ocean as a leading ocean impact investor focused on measurable outcomes.

Jean-Yves Chow
Managing Director, OCTAVE Capital
Investment Advisor
Jean-Yves brings over 20 years of experience across investment, strategy, and operations. He previously led Asia growth equity for a European family office, investing in sectors such as agri-food, healthcare, and talent development. Earlier, he structured over USD 10 billion in transactions at Rabobank and Mizuho Bank. He also has operational experience in China and is an active angel investor and mentor, contributing to ecosystem development and sustainable finance initiatives.
Ross Brooks
General Partner, Katapult Ocean
Investment Advisor
Ross is an economist with 12 years of experience in investment management, focused on bridging financial markets and natural capital systems. A General Partner at Katapult Ocean, he co-leads investments and sits on the Investment Committee, contributing to over 70 deals and multiple fundraises. Previously at Baillie Gifford and LeapFrog Investments, he combines financial expertise with an environmental perspective and supports portfolio companies focused on long-term sustainability.

Advancing a Regenerative Ocean Economy

A resilient ocean economy depends on how capital is deployed — shaping which solutions scale and how industries evolve.

The Asia Ocean Fund invests in and partners with transformative ocean companies that align environmental outcomes with commercial performance, accelerating the transition to a regenerative blue economy across Asia-Pacific.

The fund takes a systems change approach — deploying capital alongside targeted support to address barriers to scale across value chains, gain market access, and accelerate industry adoption.

Built for the long term, the Asia Ocean Fund supports the emergence of ocean systems where ecosystems, communities, and industries can sustainably thrive.

Engage with Us

A platform that is designed to de-risk, accelerate, and scale ocean solutions across Asia-Pacific.

You’re building the future of the ocean — now scale it. Get direct access to industry to move faster and go further.

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