Propeller is a climate-tech venture fund that invests in and builds ocean-climate companies that use science and technology to address the climate crisis. For more information, please visit us at www.propellervc.com or follow us on Twitter @propellerocean.
External link for Propeller
Boston, MA, US
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Our team is the key to our success at Vatn. Check out Logan Rinaldi, one of our talented software engineers, talk about why she loves working here! Apply to our open roles at https://lnkd.in/g2jEPitj
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Managing Partner at Propeller VC. Co-Founder of Amazon’s Climate Pledge Fund. Investing in startups around the world developing solutions that touch climate change and oceans.
Our latest Propeller investment. VATN will drive cost out of UAVs and open new uses for this technology in civilian and scientific markets.
We are excited to announce that we’ve raised $13 million in an oversubscribed seed round, bringing our total funding to $16.5 million. The round was led by DYNE Ventures, with participation from Lockheed Martin Ventures, RTX Ventures, IQT (In-Q-Tel), Propeller, SAIC Ventures, Cubit Capital, Fortitude Ventures, and existing investors including Centre Street Partners, The Veteran Fund, and Blue Collective. This funding will accelerate our path to production and help us transform defense, research, and other maritime industries. We are proud of the progress we’ve made and excited about what’s to come as we continue to push the boundaries of what’s possible underwater. Thank you to our investors, team, and partners for your continued support on this incredible journey. Press Release: https://lnkd.in/eW6a6RbP https://lnkd.in/ekQSsm7z
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Managing Partner at Propeller VC. Co-Founder of Amazon’s Climate Pledge Fund. Investing in startups around the world developing solutions that touch climate change and oceans.
Honored to join the speaker line-up at the Impact & Transition Investor Summit: North America 2024, 12-13 November in New York. Will be speaking to the vast entrepreneurial and investment opportunity at the intersection of oceans and climate. Use my speaker discount code ImpactNA24_Speaker for 10% off your delegate pass to join me at the conference. #ImpactNA #ImpactNA24 #SustainableFinance #PrivateMarkets #InvestorNetworking https://lnkd.in/gJwkPhVh
Propeller reposted this
Managing Partner at Propeller VC. Co-Founder of Amazon’s Climate Pledge Fund. Investing in startups around the world developing solutions that touch climate change and oceans.
Heading to #ImpactWeek. Hope to meet some great founders.
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Blue Venture Investment Summit - Maine Panel Highlight: Future for Blue Tech Join us on November 13th for a forward-looking discussion on the ever-evolving investment landscape. Moderated by Brady Bohrmann, Managing General Partner of Bold Ocean Ventures, this panel will feature key insights from: Reece Pacheco, Partner at Propeller VC Brendon Reay, Chief Ventures Officer at Maine Community Foundation Sarah Hoyt Edwards, Senior Investment Director at Cambridge Associates These experts will provide a comprehensive look at the opportunities and challenges within the blue economy, sharing their perspectives on early-stage venture investing in blue tech and local investment strategies, along with insights into ESG investing. Don't miss this opportunity! For more details about the summit, visit: https://lnkd.in/gEGSZirn See you on November 13, 2024! Co-hosted with Blue Venture Forum Thanks to our premier sponsors Bigelow Laboratory for Ocean Sciences + Maine Technology Institute!
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On the eve of the 46th Consultative Meeting of Contracting Parties to the London Convention/19th Meeting of Parties to the London Protocol, Ocean Visions calls upon delegates to refrain from acting on a draft resolution to add additional marine carbon dioxide removal (mCDR) techniques to Annex 4 of London Protocol. Such action would risk undermining critical research, development, & demonstration (RD&D) efforts, which are essential for assessing the safety and effectiveness of mCDR. It could also disrupt ongoing international efforts under the UNFCCC and IPCC to set clear rules and guidance on carbon removal techniques employed to achieve the Paris Agreement targets. Rather than slowing needed research, development, and demonstration (RD&D) of marine carbon removal, we need to prioritize comprehensive RD&D, and this includes the private sector’s pivotal role in driving innovation. Multisectoral collaboration is key to advancing scientific knowledge in this emerging field. We urge delegates to take a measured, science-based approach to ensure decisions that support both climate action and ocean health. Read our full statement: https://lnkd.in/gZ2PdgUi
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Congrats to the CarbonRun team on this important milestone! 👏👏 Shannon Sterling Edmund (Eddie) Halfyard Luke Connell Colton Dirksen
Today marked the opening of our West River Pictou project—the world’s first river alkalinity enhancement initiative for carbon dioxide removal. This innovative project will help restore river ecosystems, mitigate climate change, and boost biodiversity. Thanks to the collaboration with local communities, Indigenous partners, and environmental leaders, this is a huge step forward for CarbonRun. Read our full press release on our website: https://lnkd.in/ewQjJj8Y
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Exciting news! 🧠🌍 The session on #AI & #Climate Action at the MIT AI Conference will feature three brilliant minds driving innovation in sustainability. 🌱 Tod Hynes – Serial Founder & Investor, #MIT | Clymate Studios 🌱 Himanshu Gupta – CEO, ClimateAi 🌱 Dr. Julie Pullen – Partner & Chief Scientist, Propeller Ventures Get ready to dive into how AI can transform climate action and shape our future. Don’t miss it! Get your ticket today https://lu.ma/mitai2024 MIT Alumni Startups (MITAS) Shuja Keen, Christian Ulstrup, Dima Ayyash Stacy Yu, Rebeca Eun Young Hwang Nhat Nguyen, CFA, Anvisha Pai, Sid Salvi, Mainak G., Laura Hoang, Anant Vashistha, Alejandro Zarate, Duanchen Liu, Raj S.
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Clean firm power is at the center of the climate conversation today. At Propeller, we’ve been building a thesis on the intersection of the ocean and the energy transition – whether it’s powering, transmitting, or storing technologies that will help reach our skyrocketing demands for electricity. When I met Jake Jurewicz and Matthew Slotkin, I was taken by their ambitious vision for bringing nuclear power to coastal environs with speed and cost efficiencies through small modular reactors (SMRs). Their company, Blue Energy, intends to leverage shipyards that have the capabilities and human capital to safely build a new American industry. Jake and the Blue Energy team are deep subject matter experts that operate with a vigor and determination that makes us at Propeller proud to support this vision and incredible team. SMRs are a fundamental ingredient to meeting our global net zero targets. Thanks to Jake and Matt, I can now point out coastal nuclear facilities on any map, and offer family trip detours to admire and think of change at shipyards, and our clean energy future, much to the chagrin of my wife and kids. Congrats to fellow investors Engine Ventures Michael Kearney At One Ventures Tom Chi Tamarack Global Angular Ventures Starlight Ventures Nucleation Capital If you want to learn more, please reach out. Brian Halligan Rodrigo J Prudencio Reece Pacheco Devdutt Yellurkar Dr. Julie Pullen Tod Hynes #smr #nuclear #cleanfirmpower #ocean #climate
Pleased to announce we've raised $45m to reduce the cost and build time of nuclear power plants from Engine Ventures, At One Ventures, Propeller, Tamarack Global, Angular Ventures, Starlight Ventures and Nucleation Capital https://lnkd.in/evt9_wyp
Our founder Brian Halligan wrote a tome of a post including "literally everything" he learned on his journey taking HubSpot from #startup to #IPO and beyond... Immediate must-read for every #CEO out there.
I wrote down literally everything I learned on my journey at HubSpot from startup founder to scaleup ceo. I hope its helpful.