TLDR: Boost VC will be backing 5 Ocean Tech companies in Tribe 12 of the Boost Accelerator, APPLY HERE!!
Software Will Eat the Ocean!
- 71% of Earth’s surface is covered by water
- 96.5% of Earth’s water is held by the oceans
- The Seabed of the ocean has been mapped with lower resolution quality than the moon, Mars, or Venus
- Only 0.05% of the ocean floor has been mapped to that highest level of detail by sonar
- The Ocean has more living species than the land
- The Ocean controls more earths climate than anything else.
Whenever there is a world to be explored, there is a market to be created. And wherever there are problems to be solved, entrepreneurs will be there.
When looking at Ocean Technology, it’s important to think about the problems that can be solved.
- Huge pile of microplastic sludge in the ocean needs to be cleaned
- Water is a scarce resource for some countries, the ocean is not, can we filter it and give drinkable water to people at a low cost?
- More accurate weather forecasting
- There are cables in the ocean that connect the countries communications, can it be done better?
- Real Estate play: Humans living beneath the surface of the water — why hasn’t this happened?
- Tourism — Less people have seen the sunken titanic than climb Mt. Everest every Month
- Aquaculture is a multi trillion dollar market — There is so much opportunity.
As I’ve dived deeper (pun intended) into this market, it is exactly the type of market we love to support; it has large incumbents, it has passionate brains who reside in a tightly knit community, and now it has Boost VC!
Part of Boost VC’s mission is to build a better future SciFi world. I believe that we can make an enormous impact by focusing efforts at sea! We are taking the leap and diving in to startups focused on the ocean!!!! Let’s save the world.
P.S. Yes this is probably the first time you have heard of Ocean Tech.
P.P.S It will not be the last.
