About The Ocean Cleanup
Founded in 2013 in Rotterdam, Netherlands, The Ocean Cleanup operates within the environmental technology sector. Solutions are developed to scale the removal of plastic from oceans. A system featuring a long U-shaped barrier is utilized to direct plastic into a retention zone. Floating structures are deployed to capture debris, from small fragments to large items like discarded fishing nets, across oceanic regions.
- Headquarter Rotterdam, Netherlands
- Founders Boyan Slat
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$21.7 M (USD), Grant
May 03, 2017
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Investors
dsm-firmenich
& 4 more
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Employee Count
Employee Count
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Finance and Accounting
5 people
Leadership Team
2 people
Group Team
1 people
AP Team
1 people
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Funding Insights of The Ocean Cleanup
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $21.7M
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First Round
First Round
(08 Jun 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Grant - The Ocean Cleanup | Valuation |
investors |
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| Jun, 2016 | Amount | Grant - The Ocean Cleanup | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Ocean Cleanup
The Ocean Cleanup has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include dsm-firmenich, Julius Baer and Peter Thiel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private Banking firm offering wealth management services
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Founded Year | Domain | Location | |
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Health, nutrition, and bioscience solutions are delivered worldwide.
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Founded Year | Domain | Location | |
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Official information and services are provided by the Dutch government.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Ocean Cleanup
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Ocean Cleanup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Ocean Cleanup Comparisons
Competitors of The Ocean Cleanup
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Ocean Cleanup
Frequently Asked Questions about The Ocean Cleanup
When was The Ocean Cleanup founded?
The Ocean Cleanup was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is The Ocean Cleanup located?
The Ocean Cleanup is headquartered in Rotterdam, Netherlands. It is registered at Rotterdam, South Holland, Netherlands.
Who is the current CEO of The Ocean Cleanup?
Boyan Slat is the current CEO of The Ocean Cleanup. They have also founded this company.
What does The Ocean Cleanup do?
Founded in 2013 in Rotterdam, Netherlands, The Ocean Cleanup operates within the environmental technology sector. Solutions are developed to scale the removal of plastic from oceans. A system featuring a long U-shaped barrier is utilized to direct plastic into a retention zone. Floating structures are deployed to capture debris, from small fragments to large items like discarded fishing nets, across oceanic regions.
Who are The Ocean Cleanup's investors?
The Ocean Cleanup has 5 investors. Key investors include dsm-firmenich, Julius Baer, Peter Thiel, Marc Benioff, and Government of the Netherlands.