IKEA stores operator commits €30m to sustainable seas fund

Enriched Nordic · Found: 2026-03-11 08:10

Ocean 14 Capital has received €30 million from Ingka Investments, which runs 392 IKEA furniture store franchises in 32 countries.

Source: https://www.eftta.com/news/article/ikea-stores-operator-furnishes-sustainable-seas-fund-with-eur30m-1

Funding Details

Deadline

Unknown; news article about IKEA/Ingka ocean investment, not a grant call (Unknown)

Contact

contact@ocean14capital.com | Ocean 14 Capital Ltd is an Appointed Representative of G10 Capital Limited (FCA FRN: 648953)

Last Checked

2026-03-15 11:53

Application Checklist

Eligibility

• Must be a for-profit business (private equity fund, not a grant program for NGOs)
• Company should be at late-stage venture or growth stage

Project Scope

• Business must operate in the blue economy — aquaculture, circular plastics, marine ecosystems, fisheries, ocean data, or alternative proteins
• Company should demonstrate potential to scale into an industrial-scale platform
• Business model should be data-led and technology-enabled

Constraints

• Must align with UN SDG 14 (Life Below Water) objectives
• Fund target was €150M; fundraising may be closed — verify current status

Historical Context

The fund was announced and began fundraising prior to 2023. The €30M Ingka/IKEA investment was announced at the World Economic Forum in Davos in January/February 2023, bringing the fund to €130M of its €150M target. The news article is dated February 13, 2023.

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