SWEN Capital Partners has closed its second Blue Ocean fund with €160 million ($183 million) in commitments, aiming to address critical threats to marine ecosystems. The impact-driven fund will support early-stage startups focused on solutions to overfishing, ocean pollution, and the broader effects of climate change on marine biodiversity.
The Blue Ocean fund, backed by both institutional investors and corporate partners—including European Investment Fund, Builders Vision, and luxury brand Chanel—seeks to invest in scalable innovations that support ocean health and sustainability. Target sectors include alternative seafood, marine bio-based materials, decarbonisation of maritime transport, and data-driven tools to improve ocean governance.
Launched in 2021, the Blue Ocean strategy has already backed 12 companies, including aquafeed specialist Algama and marine carbon removal firm Seaweed Generation. SWEN’s latest fundraising milestone brings total capital under its ocean-focused strategies to €170 million, reinforcing its commitment to aligning financial performance with measurable environmental outcomes.
