NatureMetrics, a UK-based leader in environmental technology, has been announced as the first company to join the ReOcean Fund portfolio, a €100 million initiative launched by Prince Albert II of Monaco and his foundation. The fund, unveiled during Monaco Ocean Week 2023, aims to invest in cutting-edge solutions to address the urgent challenges facing the world’s oceans.
The oceans, which absorb 93% of anthropogenic greenhouse gas emissions, generate €1 trillion annually for the global economy and sustain nearly half the global population, are under severe threat from human activity. The ReOcean Fund is dedicated to advancing SDG 14, “Life Below Water,” by supporting Series A and B companies innovating in five key areas: combating plastic pollution, sustainable blue food systems, green shipping, restoration efforts, and ocean data advancements.
NatureMetrics aligns strongly with the fund’s focus on ocean data. The company is recognized globally for its pioneering biodiversity tracking systems that help organizations monitor their environmental impacts and meet nature-reporting commitments. Its inclusion in the ReOcean Fund’s portfolio follows its receipt of a prestigious Planetary Health Award from the Prince Albert II of Monaco Foundation.
This milestone signals the fund’s commitment to fostering groundbreaking innovations that drive the transition to a net-zero, regenerative, and equitable economy while protecting vital marine ecosystems.