Impact foundations make $14m bet on artificial reef tech to fuel global expansion
11 maj 2026
16:22
A syndicate of impact investors and family office capital has backed a company turning marine infrastructure into underwater habitat.
"They are well-positioned to meet demand," says Cristin Pacifico, vice president of investments at Builders Vision.
"They are well-positioned to meet demand," says Cristin Pacifico, vice president of investments at Builders Vision.
Two heavyweight impact foundations have teamed up to invest in a startup creating new habitats for marine life.
Builders Vision, the investment and philanthropy platform backed by Lukas Walton, heir to the Walmart fortune, is leading a $14m round in ECOncrete, a New York-headquartered company that engineers biodiversity directly into marine concrete.