Propeller VC
Boston, Massachusetts · Invests in US · Website
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🔒 $•• – $••Thesis
The ocean holds tremendous potential for scaling climate and carbon solutions, yet only a fraction of climate venture capital flows to ocean-based solutions. We invest in founders building at the ocean-climate nexus with scientific rigor and commercial viability, backed by direct partnership with Woods Hole Oceanographic Institution.
Likely not a fit for
No non-climate-focused ocean technology, pure hardware plays without climate benefit, or opportunistic climate washing
How they invest
- Lead or follow
- Leads or follows
- Typical decision
- ~2 weeks
- Warm intro
- Preferred
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $100M
- Decision process
- Partnership vote
Partners & team
7 contacts on file
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Banyu Carbon aims to radically reduce the cost of carbon capture by providing low-cost and easily verified carbon credits to companies and governments with ambitious climate goals. Their innovative process utilizes sunlight to drive a chemical reaction that releases CO2 from seawater, contributing to the transition to a net-zero carbon economy.
Blue Energy de-risks nuclear construction through fixed-price contracting at fab yards and shipyards, enabling project finance.
CarbonRun is dedicated to restoring river health and combating climate change through innovative carbon dioxide removal (CDR) practices. By deacidifying rivers and enhancing their alkalinity, CarbonRun aims to improve water quality, boost biodiversity, and draw down significant amounts of carbon dioxide from the atmosphere.
Circle Seafoods is reshaping the wild seafood industry by increasing the value of wild fish through efficient, profitable, and equitable processes, ensuring higher prices for fishermen and better quality seafood for consumers.
Ebb is pioneering electrochemical water technology that tackles two of the world's most urgent problems: growing demand for freshwater and excess carbon dioxide in the atmosphere. We partner with desalination plants to transform brine—the salty waste stream left behind after freshwater is extracted—into additional freshwater, permanent carbon removal, and valuable industrial products.
Fleet Robotics is driving deep data insights for shipping, powered by submersible, autonomous hull-cleaning and inspection robots.
Hum.AI is pioneering multimodal foundation models that utilize satellite remote sensing and real-world data for applications in nature conservation, carbon dioxide removal, and government. The company aims to develop artificial general intelligence (AGI) focused on the natural world.
Navier is focused on creating innovative watercraft, particularly the N30, which is designed to revolutionize boating with advanced technology and sustainable practices.
Recent activity
- Nov 2025
Nexxa.ai
Seed · Lead
- Oct 2025
Vatn Systems
Seed · Lead
- Feb 2025
Vema Hydrogen
Seed
- Jan 2025
Indeximate
Seed
Propeller VC in the news
iAfrica.com
Propeller’s Kernel Camp graduates first cohort of MENA AI startups
2 months ago
GeekWire
Aquagga takes top prize at PNW Climate Week event for its battle against ‘forever chemicals’
Jul 2025
TechCrunch
The complete Side Events lineup at TC All Stage 2025
Jul 2025
TechCrunch
Boston Side Events lineup at TechCrunch All Stage with Fidelity Private Shares, Women Tech Meetup, Prepare 4 VC, and more
Jun 2025
Woods Hole Oceanographic Institution
Fall 2024: Woods Hole Oceanographic Institution Elects New Corporation Members
Oct 2024
The Boston Globe
MIT alums develop electric boat that aims to be the Tesla of the seas
Oct 2023
Harvard University
SEAS announces three Innovation Lab Experts-in-Residence
Oct 2023
Semiconductor Engineering
Startup Funding: February 2023
Mar 2023
TechCrunch
Ocean-climate VC Propeller launches with $100M to fund ‘tomorrow’s narwhals’
Oct 2022
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