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Mer Angels

merangels.com

Mer Angels finances innovative blue economy startups across sectors including maritime industry, aquaculture, marine biotechnology, maritime defense, software/services, and sustainable transport. They are exclusively focused on the blue economy sector.

Check Size

$150K - $500K

Stages

Seed, Series A

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Investment Thesis

Mer Angels is a business angel network focused on financing innovative startups in the Blue Economy at early-stage funding levels (€150k-€500k+). Their philosophy centers on supporting ‘the next narwhals of the blue economy’ by providing not just capital, but active management support, ecosystem connections, and a commitment to sustainable ocean and marine biodiversity preservation alongside commercial growth.

What Sets Them Apart

  • Specialized focus exclusively on Blue Economy innovation
  • Emphasis on meaningful, purpose-driven investments aligned with sustainability
  • Strong partnership ecosystem including BNP Paribas Private Banking, maritime clusters, and major marine research institutions (Ifremer)
  • Active founder support and ecosystem connections to accelerate portfolio company growth
  • Integration of sustainability metrics (ocean preservation, marine biodiversity, decarbonization) into investment criteria

Portfolio Highlights

52 Hertz

Maritime Naval

Athanor

Maritime Defense

Azuvia

Biotechnology

Diodon

Maritime Defense

Izysea

Software Services

eyeGauge

Software Services

Inalve

Aquaculture

NepTech

Transport

+ 10 more companies in their portfolio

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