Angel InvestorsMarine conservation business ARC Marine secures £2m investment to...

Marine conservation business ARC Marine secures £2m investment to expand operations – Business Leader

-

- Advertisment -spot_img

Nov 18, 2021
Oct 27, 2021
Oct 27, 2021
Oct 27, 2021
Oct 26, 2021
Oct 14, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Nov 30, 2021
Issue 32

1st December 2021 7:00 am
8th December 2021 10:00 am
19th May 2022 6:30 pm
15th September 2022 6:30 pm
To Be Announced
The Business Leader print magazine has a qualified audience of high-net-worth individuals and business leaders.
The Business Leader website posts breaking news stories each day from around the UK.
Business Leader runs the UK’s leading regional and national Business Awards – which celebrate the best that British business has to offer.
Our wide variety of virtual events cover a variety of business-critical topics, from business resilience to inspirational talks.
Our wide variety of in-person events cover a variety of business-critical topics, round table debates and inspirational talks from our network of business leaders and VIPs.
Email Newsletters from Business Leader feature a mix of breaking news, thought leadership, and inspirational interviews.
Story by
Barney Cotton
November 30, 2021
ARC Marine has secured £2m in funding during its latest round. The deal was led by the FSE Group, the appointed fund manager for CIOSIF (The Cornwall and Isles of Scilly Investment Fund) and supported by a US impact VC fund Sustainable Ocean Alliance and two technically experienced angel investors.
ARC Marine is a Cornwall-based business with a vision to restore and protect the oceans for future generations. Its sustainable solutions are based on pioneering science and technology and include the company’s flagship Reef Cubes® – their patented cube structures, designed to create a reef habitat for flora and fauna, enabling them to have maximum adhesion and therefore maximum protection.
These can be used to simultaneously support marine conservation, renewable energy infrastructure and habitat creation, as well coastal and shoreline protection, in tandem with Marine Armour® (coastal barriers acting similarly to mangroves) or Marine Matts® (beds of smaller Reef Cubes®, for subsea cable protection).
All ARC Marine® products are manufactured utilising 98% recycled materials and their proprietary, Portland free binder, Marine Crete® – this enables deployments to be left in situ, becoming part of the environment, and avoiding colossal decommissioning costs and further ecosystem degradation. In the past year Arc Marine has deployed Reef Cubes® at sites across the Southwest and the Dutch North Sea, providing valuable research into sustainable aquaculture and oyster restoration.
ARC Marine was founded by a group of concerned divers who wanted to repair fragile and damaged marine ecosystems, by creating sustainable, nature-based solutions.
The new £2m funding will be used to create at least six new positions over the next three years to help the business cope with demand. In addition, the funding will help to up-scale the business and ensure more marine habitats are created, which in turn will help to mitigate climate change. Furthermore, to continue to drive climate action, ARC Marine’s solutions are a viable ESG-compliant solution for sustainable investing.
ARC Marine’s Co-founder & CEO Tom Birbeck said of the investment: “Our success and the subsequent growth of the business means we need more people on board to help continue our goal of becoming the market leader in long-term reef stewardship and nature-inclusive designs. We want other people and places to adopt our models so we can have a profoundly positive impact on the blue economy. We are looking to use this investment to expand our production capability to 3,000 units per day. We are very grateful to CIOSIF for their support and hope they get as much satisfaction as we will by seeing the resulting impact the investment has on the marine environment both in Cornwall and further afield.”
Share This Article
Nov 30, 2021 |South West
Nov 30, 2021 |International
Nov 29, 2021 |Financial Services
Nov 29, 2021 |Funding
Nov 29, 2021 |Funding
Nov 29, 2021 |Funding
© Copyright 2021 Business Leader Ltd | Terms & Conditions | Cookie Policy | Privacy Policy

By signing up to receive the Business Leader newsletter you will receive breaking business news, exclusive interviews and original content three times a week to your inbox. You may also receive invitations to our events and please do get in touch with us to let us know what type of content you like best.



By submitting your details you confirm that you agree to the storing and processing of your personal data by Business Leader Ltd as described in the privacy statement.

Thank you for subscribing to the Newsletter.

An email confirmation will be sent to you shortly.
document.getElementById( “ak_js” ).setAttribute( “value”, ( new Date() ).getTime() );

Already have an account? Sign in here
By registering with Business Leader you confirm that you agree to our terms & conditions and our privacy statement.
Your account has successfully been created.
Please login to your account to set your preferences.
Don’t have an account? Register here
Lost your password?
Fill out the form below to get emailed a password reset link.
Your password reset link has been sent, please check your email.

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Engineer Turns Entrepreneur After Fully Online MBA – BusinessBecause

Please try again or another word Register or Login Partner Sites Login/Register Experienced engineer Matti Jokinen...

Fake money, real experience: Dal students profit from pretend hedge fund – The Signal

Dalhousie Investment Society 'doesn’t get the attention it deserves,' says professor By Ryan Bellefontaine December 1, 2021, 8:00 am ASTLast Updated:...

5 Stocks I Expect Will Make Me Wildly Rich by Retirement – Motley Fool

Returns as of 12/01/2021Returns as of 12/01/2021Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps...

This Entrepreneur Proved That Startups Can Reinvent Themselves When Necessary – Forbes

Chris Riley, Co-founder of USA RxStarting a business isn't easy, and the odds of success are always against you....
- Advertisement -spot_imgspot_img

How Young People Can Get Started in Real Estate Investing – Motley Fool

Returns as of 11/30/2021Returns as of 11/30/2021Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps...

Unify Platform AG Launches New Feature on UNIPLAT: Credit Rating of Researchers and Entrepreneurs – Yahoo Finance

- Credit Rating Helps Researchers and Entrepreneurs to Visualize Their Credibility -YOKOHAMA, Japan, Nov. 30, 2021 /PRNewswire/ -- Unify...

Must read

- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you