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Propeller VC

Boston, Massachusetts · Invests in US · Website

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

BH

Brian Halligan

General PartnerGeneral Partner & Founder · Primary contact

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LinkedIn profile

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DY

Devdutt Yellurkar

General PartnerGeneral Partner

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RP

Rodrigo Prudencio

General PartnerManaging Partner

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SF

Steven Fox

PartnerPartner

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RP

Reece Pacheco

PartnerPartner

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RK

Robert Kittler

Platform & OpsChief Financial Officer

+ Pitch
MH

Melissa Hanson

Platform & OpsOperations Leader

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Portfolio

Aikido
Allium Engineering
Aquatic Labs
Banyu CarbonClimate Clean Energy

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 EnergyClimate Clean Energy

Blue Energy de-risks nuclear construction through fixed-price contracting at fab yards and shipyards, enabling project finance.

Calcarea
CarbonRunClimate Clean Energy

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 SeafoodsFood Beverage

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 CarbonClimate Clean Energy

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 RoboticsRobotics Automation

Fleet Robotics is driving deep data insights for shipping, powered by submersible, autonomous hull-cleaning and inspection robots.

Hum.AIClimate Clean Energy

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.

NavierManufacturing Industrial

Navier is focused on creating innovative watercraft, particularly the N30, which is designed to revolutionize boating with advanced technology and sustainable practices.

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Research briefRead more
Propeller VC Research Investment Thesis Propeller VC is a climate-tech focused venture capital fund founded in 2022 with a distinctive mission: to deploy capital into ocean-climate companies solving critical environmental challenges at the intersection of ocean innovation, science, and technology. Co-founded by Brian Halligan (HubSpot founder and former CEO), the fund believes that the ocean holds

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