Future Planet Capital, impact-led VC firm, launches a new €20M blue ocean mandate

Future Planet Capital, the international venture capital and impact investor announces the closing of a new €20m Blue Ocean mandate aimed at tackling key issues affecting the world’s oceans.

The mandate, which Barclays Private Bank helped implement, will be partnered with the Prince Albert II of Monaco Foundation and the Monaco Government in the context of the 12th edition of the Monaco Blue Initiative (MBI) and in the framework of the 4th Monaco Ocean Week, organized at the end of March.

Managed by Future Planet Capital’s investment team, including Ed Phillips, Partner and Head of Origination, and Lyle Pentith, Portfolio Manager, the Blue Ocean mandate will aim to invest in a portfolio of ten to fifteen high-growth and high-impact companies that are profitably tackling key issues within the Blue Economy. 

This targeted investment strategy will focus on three areas within the Blue Economy:

  • preventing pollution,
  • preservation of marine environments and ecosystems
  • sustainable marine productivity

Impact Investing in Monaco

The vehicle will make investments predominantly at the Series A and B stage in companies creating scalable solutions to challenges such as overfishing, biodiversity loss and pollution, in addition to opportunities within clean energy, green protein, shipping and carbon capture. These companies will be carefully selected from the world’s leading innovation ecosystems and partner venture funds with whom Future Planet Capital has a connection.

“We are delighted to partner with the Prince Albert II of Monaco Foundation, which has a  deep commitment to protection of the world’s oceans. This is a critical task if we are to mitigate the increasing challenge the planet faces today including the climate crisis and biodiversity loss.”

Douglas Hansen-Luke, Executive Chairman at Future Planet Capital

Impact Investing in Monaco

Source: Future Planet Capital

Impact Investing in Monaco