Bold Ocean Ventures

Led by independent, experienced investment professionals, Brady Bohrmann and Tim Agnew, Bold Ocean Ventures Fund I LP is a first-time venture capital fund building on efforts by Gulf of Maine Ventures to apply our scientific and market expertise to support the growth of innovative, sustainable ocean-related businesses.

About The Fund

  • Bold Ocean Ventures Fund I LP is an early stage $15 million venture fund raised from accredited investors in a limited partnership structure.
  • The Fund is managed by Bold Ocean Ventures Management LLC, led by investment professionals Brady Bohrmann and Tim Agnew, in partnership with the Gulf of Maine Research Institute.
  • The Fund applies the interdisciplinary expertise of GMRI and its partners to identify, invest in, and support companies pursuing innovative solutions to ocean economy challenges with the potential to scale and generate strong returns on invested capital.

Our Investment Thesis

An emerging class of entrepreneurs is piloting innovative solutions to ocean challenges, but seed and early-stage businesses often find it difficult to raise capital and get the support they need to scale. Bold Ocean Ventures Fund I LP provides both capital and intensive support to companies with the potential to maximize mission impact while generating attractive returns to investors.

  • We focus primarily on the seafood supply chain and the impact of climate change.
  • We seek companies where GMRI expertise can accelerate their growth.
  • We believe GMRI is centrally located in a region of ocean and climate innovation.
  • We target investments at the local level that can lead to globally relevant solutions.

Our Team

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