Investment manager Artesian has finalised a $26 million capital raise for its Clean Energy Seed Fund.

Targeting potential high-growth startups in the clean energy sector, the fund is designed to play a critical role in establishing a “national clean energy startup ecosystem” that could address major Asia-Pacific mega trends such as food security, healthcare spending and sustainable energy.

Some of the industries identified as potential recipients include biofuels, alternative energy generation, metering and control, green building and biomaterials, transport technologies, water and waste.

The venture has received $10 million commitments from cornerstone investors Clean Energy Finance Corporation and Australian Ethical Investment, with further investments from super funds Hostplus and Future Super.