European and Japanese impact firms team up to launch $75m blue economy fund

23 Jun 2026
12:17
A European impact VC and a Japanese ocean consultancy are raising $75m to back the blue economy across Europe and Asia.
"We are connecting Europe's deep tech ecosystem with Asia's ocean industries," Claire Smith, founding partner at Beyond Impact, tells Impact Loop.
"We are connecting Europe's deep tech ecosystem with Asia's ocean industries," Claire Smith, founding partner at Beyond Impact, tells Impact Loop.
A European impact fund and a Japanese ocean consultancy have joined forces to raise $75m for a fund backing the blue economy, as Japan cements its position as one of Europe's most active sources of impact capital.
The two firms, Luxembourg-based Beyond Impact and Tokyo-based Umito Partners, have dubbed the new fund “Blue Frontier.”