frank mckenna, Unsplash
SWEN Capital Partners announces €160m first close of second ocean fund
Krystle Higgins, Impact Investor
SWEN Capital Partners has announced it has raised €160m in the first close of its Blue Ocean 2 fund which invests in startups working to support the regeneration of ocean biodiversity as well as tackling existential threats to ocean biodiversity such as overfishing, pollution and climate change.
The latest funding round drew institutional investor support, raising 53% of the fund’s overall €300m target. Previously, SWEN’s inaugural Blue Ocean fund raised €170m.
Read the full report here.
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