The urgency to restore our oceans is finally getting the attention — and funding — it deserves.

SWEN Capital Partners, a Paris-based investment firm dedicated to ocean sustainability, has just made a big move that could ripple across marine ecosystems worldwide.

They’ve raised an impressive €160 million in the first closing of their second ocean-focused fund, SWEN Blue Ocean 2 — and they’re just getting started.

Aiming Higher: The Final Goal is €300 Million

While this initial €160 million is a strong start, SWEN Capital Partners is setting its sights even higher.

The ultimate fundraising goal for this impact-driven investment vehicle is €300 million.

Backers in this first round include a solid mix of pension funds, banks, family offices, insurance firms, and public institutions.

Some standout names include the European Investment Fund (EIF), France 2030, Bpifrance, Macif, Abeille Assurances, Matmut, Suravenir, and CPSTI.

Tackling the Ocean’s Most Pressing Threats

SWEN Blue Ocean 2 is not just about profit — it’s about creating measurable impact.

The fund will be channeling capital into startups that are developing innovative solutions to regenerate ocean biodiversity.

The focus is squarely on addressing three massive challenges:

Overfishing
Pollution
Climate change

By backing startups with scalable ideas, the fund aims to breathe new life into our oceans and push forward a more sustainable future.

Investing With a Global Outlook and Bigger Commitments

While Europe remains the main focus, this second-generation fund is expanding its global reach.

Now, 30% of the fund’s capital can be invested outside Europe, where many regions are in dire need of ocean restoration strategies.

Additionally, SWEN Blue Ocean 2 is stepping up its role as a lead investor, especially during Series A rounds.

The fund is prepared to take bigger risks and write initial checks of up to €12 million, enabling more ambitious and transformative projects to scale faster.

Officially Recognized as a High-Impact Vehicle

This isn’t just any ESG fund.

SWEN Blue Ocean 2 has been classified as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation.

That means its entire structure is aligned with sustainability goals and measurable impact — a clear sign of serious commitment to environmental change.

A Strong Leadership Team Behind the Mission

Spearheading this initiative is CEO Jérôme Delmas, alongside co-managing directors Christian Lim and Olivier Raybaud.

They’ve expanded their investment team to nine professionals, all dedicated to identifying and backing the next wave of ocean innovators.

What’s Next for SWEN Blue Ocean 2?

With the first close behind them, the team will continue engaging investors to hit that €300 million target.

Meanwhile, they’ll start deploying capital to startups working on groundbreaking marine tech, sustainable aquaculture, waste reduction, and more.

The ocean has long been underfunded and overlooked in the climate conversation — but with funds like this, change is starting to flow.