The Ocean 14 Capital Fund, which is focusing exclusively on the multi-trillion-dollar blue economy, has received a €20m (US$21.85m) investment from insurance business, Convex Group Limited, taking it past its €150m funding goal.
UK based Ocean 14 Capital has invested in excess of €10m (US$9.7m) to finance the entirety of Brazil based Tilabras’ growth plan - to expand production, continue its vertical integration and increase employment.