Ocean tech VC approaches first close of new fund: 'We are seeing really strong growth'
25 maj 2026
11:32
Redstone launched its €25m Blue fund last summer, targeting early-stage startups across the Baltic Sea region.
Nearly a year in, co-lead Tuomo Veivo says fundraising is progressing and a first close is approaching.
"We've been witnessing really strong growth in the blue economy," Veivo tells Impact Loop.
Nearly a year in, co-lead Tuomo Veivo says fundraising is progressing and a first close is approaching.
"We've been witnessing really strong growth in the blue economy," Veivo tells Impact Loop.
Blue economy has historically been a hard easy sell to venture capital, but that is starting to change.
The rise of a cohort of blue economy unicorns – along with a handful of successful exits and large funding rounds – is beginning to give investors increased confidence in the sector.