The Prince Albert II of Monaco Foundation and Monaco Asset Management have announced ECOncrete as the third investment in their ReOcean Fund, backing a technology that transforms conventional marine infrastructure into living ecosystems capable of supporting biodiversity rather than destroying it.
The investment addresses a largely invisible environmental problem. Nearly 70% of coastal and offshore structures — ports, seawalls, breakwaters and offshore energy foundations — are built using conventional concrete, which creates hostile surfaces for marine life, accelerating biodiversity loss, encouraging invasive species and degrading water quality. ECOncrete’s response is to redesign the concrete itself: by optimising both material composition and surface texture, the company enables marine structures to actively support ecosystem regeneration without any compromise to their structural integrity.
The technology is not untested in Monaco. ECOncrete modules were first installed in the Port of Fontvieille in 2019 as part of the government’s marine biodiversity protection strategy, and more recently in the Larvotto Beach district. Over the past 18 months, the company has delivered its bio-enhancing technology across more than 20 marine infrastructure projects globally, providing over 90,000 m² of habitat.
“ECOncrete technology offers a robust and credible solution to the challenges of protecting marine biodiversity and has been positively experienced in Monaco since 2019,” said Romain Ciarlet, Vice Chairman and CEO of the Prince Albert II of Monaco Foundation.
The ReOcean Fund
The investment forms part of ECOncrete’s latest fundraising round, launched to expand its global operations. The ReOcean Fund — which targets €100 million in investments in next-generation ocean innovation — focuses on Series B companies aligned with UN Sustainable Development Goal 14: Life Below Water. ECOncrete joins NatureMetrics and Bound4blue in the portfolio.
“Marine infrastructure is one of the most capital-intensive and least ecologically optimised sectors on the planet,” said Anthony Torriani, Founder and CEO of Monaco Asset Management. “ECOncrete has positioned itself at that intersection, turning an ecological liability into a performance standard.”
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