top of page

The PA2F Foundation welcomes Bound4Blue within the ReOcean Fund.

Private investment is crucial to protecting natural ecosystems because it bridges the quite huge financial gap needed to achieve sustainability goals, brings innovation, creates resilient business models, and create opportunities to restore, manage sustainably and enhance Natural Capital, essential for human survival and climate stability.


The ReOcean Fund, launched in 2023 by the Prince Albert II of Monaco Foundation - PA2F, is a Sustainable Investment tool which is addressed to reduce ocean plastic pollution, preserve marine ecosystems in the food supply chain sector, mitigate climate change, safeguard ocean natural services, inform and raise awareness on ocean sustainable management through verified and reliable data.


On the 9th December 2025, the PA2F announced the integration of Bound4Blue, world leader in wind propulsion systems, into the ReOcean Fund portfolio. This new partnership promises to be strategic considering that Bound4Blue develops automated propulsion systems that harness energy renewable wind, offering advanced the most profitable solutions to shipowners and operators wishing to improve the environmental and economic performance of their fleets.


The Sovereign Prince attending a topical event within the 2023 Monaco Ocean Week (Principality of Monaco) © JC Vinaj - FPA2
The Sovereign Prince attending a topical event within the 2023 Monaco Ocean Week (Principality of Monaco) © JC Vinaj - FPA2

Olivier Wenden, Vice-President and CEO, Prince Albert II of Monaco Foundation, pointed out: « ReOcean Fund’s investment in Bound4Blue showcases our commitment to accelerate the shipping decarbonisation through both ambitious and immediately deployable solutions. Wind-assisted propulsion provides a concrete response to one of the most pressing climate challenges, while being compatible with ships already in service—a crucial condition for ensuring a rapid and large-scale impact. This investment is fully in line with the fund’s development and investment phase, which aims to support companies aligned with SDG (= Sustainable Development Goal) 14, of which green shipping is a priority. Supporting innovative players like Bound4Blue is at the heart of our ambition to undertake systemic transformations and build a sustainable and resilient blue economy ».


José Miguel Bermúdez, CEO and Co-Founder, Bound4blue, highlighted: « This funding allows us to strengthen our capabilities, accelerate our growth plan and to advance new innovations, in order to improve both our technology and our services. It reveals the strength of Bound4blue and its ability to be deployed sustainably on a global scale ».


So far, twenty-two investors joined the ReOcean Fund, to accelerate the synergy between growth and sustainability, increasing its capacity to 73 million USD.

This result represents an important step towards a desirable target of 100 million euros of investments in favour of next-generation ocean innovations. ***


ree

✒️ Maurice Abbati

  • Strategic Communication Specialist, Editor in Chief, Journalist, Executive.

  • Lecturer and Author in English in the field of Environmental Communication to foster Circular and Blue Economy.









2022 All rights reserved

Copyright: MONACŒCOART® 

bottom of page