Limestone Capital Invests in Selar for Sustainable Polar Expeditions

Berlin-based 029 Group SE has announced that its portfolio company, Limestone Capital, has made a strategic investment in Selar. This company is renowned for developing a fleet of near-zero-emission ships aimed at providing eco-friendly polar exploration experiences. Selar's innovative vessels use solar power and wind propulsion, potentially reducing carbon emissions by up to 90% compared to traditional cruise ships.

Founded by Arctic Captain Sophie Galvagnon, Julia Bijaoui, and Quentin Vacher, Selar seeks to transform polar tourism into a guilt-free venture. The expeditions promise silent, pollution-free interactions with the Arctic and Antarctic, emphasizing untouched natural beauty.

Limestone Capital's Managing Director, Benjamin Habbel, expressed enthusiasm for the investment, highlighting Selar's alignment with values like sustainability and innovation. The first voyages are anticipated in 2026, offering unique Arctic experiences and fostering a deeper connection to nature.