2 years ago

Ocean 14 Capital Secures £25.8 Million for Ocean Health Investments

  • Ocean 14 Capital, a London-based investment firm focused on improving ocean health, has secured an additional £25.8 million in funding commitments

  • The new investment comes from insurance business Convex and family offices and high net worth individuals

  • Ocean 14 Capital's fund now stands at £137.5 million and is expected to reach £171.8 million before 2024

  • The firm has previously received investments from the European Investment Fund, Skype co-founder Niklas Zennström, and the sovereign wealth fund of Monaco

  • Ocean 14 Capital invests in companies developing sustainable solutions for the ocean, such as Tilabras, a Brazil-based animal protein producer, and Ava Ocean, a Norwegian seafood harvester gear maker.

      • ProblemRenewable Energy

      "The global export market for scallops is worth an estimated $2.5 billion, but most of the scallop fishing industry uses dredging methods which have a devastating effect on seabed ecosystems and biodiversity."

      Solution

      "Ocean 14 Capital invests in companies that are working to improve the condition of the seas, such as Tilabras, a Brazil-based animal protein producer, and Ava Ocean, a Norwegian seafood harvester gear maker."

      Covered on