February 13, 2023 — The investment arm of the world’s largest Ikea franchisee has placed EUR 30 million (USD 32 million) under the management of Ocean 14 Capital, a private equity group operating a EUR 150 million (USD 160 million) “blue economy” impact fund.
The investment, announced Monday, 13 February, was made to support the Ingka Group’s to “mission of funding sustainable solutions to improve ocean health,” it said. The group operates 392 Ikea stores in 32 countries.
April 26, 2022 — Public appreciation that oceans provide essential protection to both the planet and humanity is growing, according to Chris Gorell Barnes, co-founder of private equity firm Ocean 14 Capital.
The entrepreneur, marine conservationist, and co-founder of the Blue Marine Foundation said “tremendous trigger-points,” which include documentaries like Blue Planet II and Seaspiracy, as well as reports from the United Nations Intergovernmental Panel on Climate Change (IPCC), have brought unprecedented public interest to the oceans. Additionally, luminaries such as U.S. Presidential Special Envoy John Kerry have been highlighting the role that the ocean plays in mitigating the climate crisis, and the new U.N. Decade of the Oceans platform is drawing attention to the need to reverse the decline of ocean health, Gorell Barnes said.
Read the full story at SeafoodSource