The European Commission (EC) and the EIF (European Investment Fund) have been making available additional resources through initiatives under the EFSI (European Fund for Strategic Investments) Equity Instrument and InnovFin Equity to further support innovations in the fields of artificial intelligence, blockchain, space technology, impact investing and blue economy. The Addendum to the indicative AnnexRead more
Worldwide maritime fund news from BlueOceanMag the online magazine for innovation in the maritime sector, startups and investors.
Betatron, YPSN and Heron Advisory built an early-stage Venture Capital investor and accelerator in the maritime industry. Currently, the applications for Cohort #6 are officially open and will close on 15th April 2020. The Cohort #6 program is set to launch in Q2 2020. Betatron will be investing up to US$500,000 in each startup, withRead more
DNV GL has launched a venture fund in response to the challenges of the “decade of transformations,” which will be defined by the energy transition and the fourth industrial revolution. DNV GL Ventures will build a portfolio of between 15-20 startups in the next four years, taking stakes of up to 20% in the companies.Read more
The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund. During the BlueInvest Day conference in Brussels, EIB Vice-President Emma Navarro and Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries, launched a €75 million equity investment fund for the blue economy. “Oceans are theRead more
Problue is a new Umbrella 2.0 program, housed at the World Bank, that supports the development of integrated, sustainable and healthy marine and coastal resources. Recently, they’ve published the Problue Annual Report 2019. The report summarises the financial information of the program in the different pillars it works at, as well as the projects andRead more
FORESEA (Funding Ocean Renewable Energy through Strategic European Action) is an €11m Interreg North West Europe project. Its helps bring offshore renewable energy technologies to the market by providing free access to North-West Europe’s world-leading network of test centres. The EU-funded FORESEA programme has awarded recommendations for support to five offshore renewable energy projects underRead more