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DateInvestorsAmountRound
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N/A

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$2.1m

Seed
N/A

€1.5m

Early VC
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$31.5m

Early VC
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$15.0m

Grant
Total Funding$50.3m

Recent News about The Ocean Cleanup

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The Ocean Cleanup is a non-profit organization dedicated to developing advanced technologies to remove plastic waste from the oceans and rivers. Their mission is to eliminate 90% of floating plastic debris, which poses a significant threat to marine life, the food chain, and community health. The company operates in the environmental conservation market, focusing on large-scale cleanup efforts.

The Ocean Cleanup serves a diverse range of clients, including governments, environmental organizations, and the general public. Their innovative technologies include ocean cleanup systems and river interception devices designed to capture plastic waste before it reaches the ocean. These systems leverage natural ocean currents and river flows to collect debris efficiently.

The business model of The Ocean Cleanup is centered around research, development, and deployment of these technologies. As a non-profit, they rely on donations, grants, and partnerships with governments and private organizations to fund their operations. They also engage in public awareness campaigns to inspire collective action against plastic pollution.

Revenue is generated through a combination of public and private funding, including donations from individuals, corporate sponsorships, and grants from environmental foundations. Additionally, they may receive financial support from governments interested in implementing their technologies to address local plastic pollution issues.

The Ocean Cleanup's efforts are not only about removing existing plastic but also preventing future pollution by intercepting waste in rivers, which are significant sources of ocean plastic. Their work has the potential to create a lasting positive impact on the environment by reducing plastic pollution and protecting marine ecosystems.

Keywords: ocean cleanup, plastic pollution, environmental conservation, non-profit, advanced technology, marine life, river interception, public awareness, donations, partnerships.

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