SWEN Capital Champions Ocean Biodiversity with Blue Ocean 2

Deal News | Jun 09, 2025 | SWEN Capital

SWEN Capital Champions Ocean Biodiversity with Blue Ocean 2

SWEN Capital Partners has raised €160 million in the first close of its SWEN Blue Ocean 2 fund, marking it as the largest ocean impact venture fund globally. Targeting €300 million in total, the fund focuses on reversing the decline in ocean biodiversity by addressing over-fishing, pollution, and climate change. SWEN Blue Ocean 2 is classified under Article 9 of the EU's Sustainable Finance Disclosure Regulation, drawing significant investment interest from institutional investors such as pension funds, insurance companies, and family offices. Key investors include EIF, France 2030, Bpifrance, Macif, and others. The fund primarily targets Series A funding rounds with 30% of its capital deployable beyond Europe. SWEN Capital emphasizes its commitment to ocean sustainability through an extensive investment strategy and collaboration with global partners like 1000 Ocean Start-ups and ocean sustainability organizations.

Sectors

  • Private Equity
  • Venture Capital
  • Environmental Services
  • Marine Ecosystem Conservation

Geography

  • Europe – The fund has a primary investment focus on European start-ups.
  • Global – SWEN Blue Ocean 2 allows for 30% of its investment to be deployed worldwide.

Industry

  • Private Equity – SWEN Capital Partners is a private equity firm that is managing the SWEN Blue Ocean 2 fund.
  • Venture Capital – The SWEN Blue Ocean 2 fund focuses on Series A investments in start-ups.
  • Environmental Services – The fund aims to tackle environmental issues such as over-fishing, pollution, and climate change.
  • Marine Ecosystem Conservation – The primary focus of the fund is the regeneration of ocean biodiversity.

Financials

  • 160 million – First close amount raised for SWEN Blue Ocean 2.
  • 300 million – Target amount for SWEN Blue Ocean 2 fund.
  • 170 million – Amount raised by the inaugural Blue Ocean fund.
  • 12 million – Potential size of first tickets in Series A investments by SWEN Blue Ocean 2.

Participants

NameRoleTypeDescription
SWEN Capital PartnersPrivate Equity FirmCompanyA leading player in responsible investment, pioneering ocean sustainability investing.
SWEN Blue Ocean 2Ocean Impact Venture FundFundA venture fund focused on regenerating ocean biodiversity.
Jérôme DelmasCEOPersonCEO of SWEN Capital Partners overseeing the Blue Ocean initiative.
Christian LimCo-Managing DirectorPersonCo-Managing Director of SWEN Blue Ocean.
Olivier RaybaudCo-Managing DirectorPersonCo-Managing Director of SWEN Blue Ocean.
EIFInvestorCompanyEuropean Investment Fund, a notable investor in SWEN Blue Ocean 2.
France 2030InvestorGovernmentFrench government initiative focused on future-oriented projects.
BpifranceInvestorCompanyFrench public investment bank supporting global and local innovation.
Macif, Abeille Assurances, Matmut, Suravenir, Mutuelle de Poitiers, CPSTIInvestorsCompanyInstitutional investors participating in the fund.