Berlin-based ocean cleanup platform Cleanhub has raised $7 million in funding to enhance waste management solutions for brands and boost environmental sustainability efforts.

Target Information

Cleanhub, a Berlin-based platform dedicated to ocean cleanup, has successfully raised $7 million in its latest funding round. The company, founded in January 2020 by Bosse Rothe, Joel Tasche, and Florin Dinga, acts as a vital link between brands that produce plastic products and local collection partners in developing countries who gather non-recyclable plastic from coastal areas. With a focus on environmental transparency, Cleanhub employs a track-and-trace process to help brands verify their positive impact in mitigating plastic emissions that threaten the world's oceans.

Cleanhub has garnered the trust of over 250 brands, including notable names such as Noughty, Yamo, everdrop, Only One, and Mövenpick. The recent funding round was led by existing investor Lakestar, along with new supporter Integra Partners and additional participation from Silence VC, 468, Übermorgen Ventures, and Felicis Ventures Partner Dan Bartus, along with BCG X’s Managing Director Stefan Gross-Selbeck.

Industry Overview

The global plastic pollution crisis is particularly acute in developing nations, where waste management infrastructures are often insufficient to handle the volume of plastic waste generated. As the use of plastics cont