OceanCleanup Tech
OceanCleanup Tech Raises $190M Series B to Transform Environmental
Quick Facts
OceanCleanup Tech
Autonomous ocean cleanup systems removing plastic waste from oceans using solar-powered collection vessels and advanced filtration technology.
About the Funding
OceanCleanup Tech has successfully raised $190M in a Series B funding round, bringing their total valuation to $2.8B. This significant investment will fuel the company's mission to deploy cleanup fleets in pacific and atlantic oceans, develop plastic recycling facilities, and expand to rivers and coastlines.
Use of Funds
Deploy cleanup fleets in Pacific and Atlantic oceans, develop plastic recycling facilities, and expand to rivers and coastlines
Company Overview
Autonomous ocean cleanup systems removing plastic waste from oceans using solar-powered collection vessels and advanced filtration technology.
Key Investors
- • Patagonia Ventures
- • The Ocean Foundation
- • Leonardo DiCaprio
- • European Investment Bank
Founders
- • Ocean Saver
- • Dr. Marine Tech
Previous Rounds
Market Impact
This funding round positions OceanCleanup Tech as a leader in the Environmental space, with the capital to accelerate innovation and expand their market presence. The investment reflects growing confidence in environmental solutions and the company's potential to transform the industry.