CleanHub Receives €6.4 Million Investment

Berlin-based ocean cleanup organisation platform CleanHub has raised $7 million in a new round of funding led by Lakestar and Integra Partners. Silence VC, 468, Übermorgen Ventures, Dan Bartus, Partner at Felicis Ventures, and Stefan Gross-Selbeck, Managing Director and Senior Partner at BCG X were also in attendance.

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Cleaner Oceans!

CleanHub, founded in 2020, collaborates with partners to promote the circular economy by ensuring that plastic waste is efficiently collected; processed and reused. Recycling rates are expected to increase from 9% to 30% by 2030, while the market for recycled material feedstock is forecast to grow more than five-fold to $170 billion in the same period. As interest in green laundering grows, brands are increasingly seeking transparency in their climate startups. CleanHub stands out as the first plastic credit system validated by TÜV SÜD with the ISO 14064-3 standard and adapted for plastic credit verification.