Marc and Pau Gasol invest €500,000 in Gravity Wave to promote sustainability in basketball by turning discarded fishing nets into recycled stadium seating.
Target Information
Gravity Wave is a social impact and environmental company founded by siblings Amaia and Julen Rodríguez in 2020. The company is dedicated to removing plastic waste from oceans and ports, transforming it into sustainable products with long-lasting value. Gravity Wave collaborates closely with a community of over 7,000 traditional fishermen across the Mediterranean, including regions like Greece, Italy, Egypt, and Spain, to collect plastic waste and convert it into valuable materials.
To date, Gravity Wave has successfully removed 518,000 kg of plastic waste, operating in 76 ports and receiving support from more than 100 companies committed to the "Plastic Free Oceans" movement. Their dedication to creating a cleaner ocean aligns with their vision of a circular economy and environmental awareness.
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Industry Overview
Spain is actively addressing the pressing issue of ocean pollution, with several initiatives aimed at environmental sustainability. The fishing industry, in particular, plays a vital role in this effort, as i
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Marc Gasol, Pau Gasol
invested in
Gravity Wave
in 2024
in a Other VC deal
Disclosed details
Transaction Size: $1M