# Redstone completes €25 million first close for ocean-tech fund

_Monday, August 24, 2026 at 12:39 PM EDT · Capital · Latest · Tier 2 — Notable_

![Redstone completes €25 million first close for ocean-tech fund — Primary](https://ventureburn.com/wp-content/uploads/2026/08/Dominion-Dynamics-Raises-139M-CAD-60.jpeg)

Redstone has completed a €25 million first close for Redstone Blue, a fund investing from pre-seed through Series A in ocean-focused startups. The fund, launched in 2025, identifies shipping and ports, ocean energy and infrastructure, ocean data and monitoring, and blue biotechnology and water technology as its investment areas. The source names investors including the City of Turku, Meriaura Invest, Aboa Advest, LähiTapiola and ARGOng Investment AG.

## Sources

- [Ventureburn](https://ventureburn.com/redstone-raises-25-million-blue-economy-fun/)

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Retrieved: 2026-08-24T22:07:08.584Z
Publisher: Tech & Business (techandbusiness.org)