The Prince Albert II of Monaco Foundation and Monaco Asset Management Announce ECOncrete Joining the ReOcean Fund Portfolio

The Prince Albert II of Monaco Foundation and Monaco Asset Management announce ECOncrete as the third investment of the ReOcean Fund, reinforcing their shared commitment to accelerating scalable solutions for ocean preservation.

At the heart of this investment lies a critical and often overlooked challenge: the ecological footprint of marine infrastructure. Today, nearly 70% of coastal and offshore structures - including ports, seawalls, breakwaters and offshore energy foundations - are built using conventional concrete. While structurally efficient, these surfaces create hostile environments for marine life, contributing to biodiversity loss, the proliferation of invasive species, and the degradation of water quality.

ECOncrete offers a transformative response rooted in science.

Built on internationally recognized research led by two marine biologists and co-founders of the company, the late Dr. Shimrit Perkol-Finkel and Dr. Ido Sella, ECOncrete has developed a new generation of bio-enhancing concrete technologies. By optimizing both material composition and surface design, the company enables marine infrastructure to actively support biodiversity and ecosystem regeneration, without compromising structural performance. Its solutions are already being deployed across key sectors where marine ecosystems and concrete structures intersect, including offshore wind energy, port infrastructure and coastal protection systems.

Positioned at the intersection of engineering and marine ecology, ECOncrete exemplifies a new paradigm: infrastructure that works with nature rather than against it. This investment fully aligns with the ReOcean Fund’s strategy to support innovative, high-impact technologies that reconcile economic development with ocean regeneration.

ECOncrete directly contributes to the achievement of the United Nations Sustainable Development Goal 14 (Life Below Water) by restoring marine habitats and enhancing ecosystem functionality. At the same time, its approach supports climate resilience and the energy transition, contributing to SDG 13 (Climate Action) through nature-inclusive coastal protection and environmentally responsible offshore renewable energy deployment.

“By integrating ecological performance into the core of marine infrastructure, ECOncrete embodies the type of scalable, science-based solution the ReOcean Fund is designed to invest in, where environmental impact and industrial performance are no longer mutually exclusive, but intrinsically linked. ECOncrete technology offers a robust and credible solution to the challenges of protecting marine biodiversity and has been positively experienced in Monaco since 2019” Romain Ciarlet, Vice Chairman & CEO, Prince Albert II of Monaco Foundation.

“Marine infrastructure is one of the most capital-intensive and least ecologically optimized sectors on the planet. ECOncrete has positioned itself at that intersection, turning an ecological liability into a performance standard. That combination of structural necessity and ecological urgency is not a niche; it is a growing market and a high-conviction investment for the ReOcean Fund” Anthony Torriani, Founder & CEO, Monaco Asset Management.

The investment of the ReOcean Fund is part of ECOncrete’s latest fundraise round launched to expand its global operations (read ECOncrete’s announcement here). Over the past 18 months alone, ECOncrete has delivered its bio-enhancing technology in more than 20 marine infrastructure projects globally, providing over 90,000m² of valuable habitat. As part of the Monaco government’s marine biodiversity protection strategy, ECOncrete modules were installed, back in 2019, in the Port of Fontvieille and more recently in the Larvotto Beach district.

“Our patented technology delivers both ecological and structural impact in a single solution. Ecology is built in, not bolted on, ensuring long-term enhancement of local biodiversity while strengthening coastal resilience. With this latest fundraise, alongside the support of investors including the ReOcean Fund, we are well positioned to scale our ability to meet growing global demand and help shift the industry toward more responsible and accountable marine construction. This milestone marks a significant step in our growth trajectory as we expand into new markets and provides a strong platform for our rapid global expansion” Dr. Ido Sella, Co-Founder and CEO, ECOncrete.

ReOcean Fund: Scaling Ocean Innovation

Attracting institutional and family offices from all over the world the ReOcean Fund targets EUR 100 million in investments in the next generation of ocean innovations. The fund focuses on innovative Series B companies aligned with Sustainable Development Goal 14: Life Below Water. ECOncrete joins NatureMetrics and Bound4blue in the ReOcean Fund portfolio.

©Ty Cole