At a time when global environmental efforts are more urgent than ever, a Paris-based investment firm is making waves—literally.

Swen Capital Partners, known for its strong focus on ocean sustainability, has just secured a major first close for its newest fund, SWEN Blue Ocean 2.

And with €160 million already raised, they’re off to a strong start.

Backed by Major Players in European Finance

This is no small-time operation. The fund has attracted support from a broad mix of heavyweight backers.

We’re talking about pension funds, banks, insurance groups, and family offices.

Notable names who’ve signed on include the European Investment Fund (EIF), France 2030, Bpifrance, and several major insurers like Macif, Matmut, Abeille Assurances, Suravenir, and Mutuelle de Poitiers.

Even CPSTI—the council focused on independent workers’ social protection—is in the mix.

And this is just the beginning. The fund is aiming for a final target of €300 million, so there’s more to come.

Investing in Startups That Heal the Oceans

So, where is all that money going? The mission is ambitious: to back innovative startups that are coming up with real solutions to protect and restore ocean biodiversity.

The focus areas? Three of the biggest threats our oceans face today—over-fishing, pollution, and climate change.

These are massive challenges, but Swen Capital wants to help fix them by supporting businesses with science-driven, scalable answers.

Focused on Europe, With Room to Go Global

While the main spotlight is on companies in Europe, Swen is also broadening its horizons.

About 30% of the fund’s capital can now be invested outside the continent—an increase from the previous generation.

That shift allows the firm to tap into a growing need for ocean-saving solutions around the world.

They’re especially interested in Series A-stage startups and plan to take more lead roles in those rounds.

With first investments reaching up to €12 million per company, the fund isn’t shy about committing capital where it counts.

Backed by Regulation, Driven by Impact

What also sets Swen Blue Ocean 2 apart is its regulatory classification.

It’s been designated as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR).

That label is reserved for financial products that specifically target sustainable investments.

In plain terms: this is an impact fund through and through.

A Strong Team Steering the Ship

The fund is being led by a solid leadership team. Swen Capital’s CEO Jérôme Delmas is at the helm, joined by co-managing directors Christian Lim and Olivier Raybaud.

To support this bigger fund and expanded vision, they’ve grown their ocean-focused team to nine investment pros.

Looking Ahead

With ocean health deteriorating rapidly, efforts like this are more than just smart investments—they’re essential.

SWEN Blue Ocean 2 is positioning itself as a serious force in funding the kinds of solutions that could help turn the tide.

And with the fund already halfway to its €300 million goal, this is just the beginning of a deeper journey beneath the surface.