About This Fund
SWEN Capital Partners has announced the first close of its second ocean-focused impact venture fund, SWEN Blue Ocean 2, securing €160 million towards a €300 million target. This positions the fund as the largest of its kind globally, dedicated to investing in startups that aim to regenerate ocean biodiversity. The fund continues the mission of its predecessor by addressing critical threats to marine ecosystems.
SWEN Blue Ocean 2 targets startups developing solutions to combat overfishing, ocean pollution, and climate change. The fund is classified as Article 9 under the EU Sustainable Finance Disclosure Regulation, emphasizing its commitment to sustainable investments. Investments will focus on companies with innovative technologies and scalable business models that can deliver both environmental impact and competitive financial returns.
The fund has attracted significant interest from institutional investors, including pension funds, insurance companies, banks, and family offices. Notable limited partners include the European Investment Fund (EIF), France 2030, Bpifrance, Macif, Abeille Assurances, Matmut, Suravenir, Mutuelle de Poitiers, and CPSTI. SWEN Capital Partners emphasizes the urgency of addressing ocean health and the role of private investment in driving systemic change.