Universal Plastic

Universal Plastic

Regenerating the ocean on chain.

HQ location
Gijón/Xixón, Spain
Launch date
Employees
Enterprise value
$11m
Company register number
B41246869
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DateInvestorsAmountRound
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€2.0m

Valuation: €10.0m

Seed
Total Funding000k
Notes (0)
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Universal Plastic operates in the environmental sustainability sector, focusing on marine ecosystem regeneration through plastic waste collection. The company serves a diverse clientele, including environmental organizations, corporations seeking to improve their Environmental, Social, and Governance (ESG) scores, and local communities involved in plastic waste collection. Universal Plastic's business model revolves around incentivizing plastic waste collection by providing income opportunities to 'Ocean Defenders'—individuals and groups actively engaged in cleaning marine environments. The company utilizes advanced technologies such as Artificial Intelligence (AI) for classifying and quantifying collected plastic, and Blockchain for ensuring data transparency and immutability. Revenue is generated through the sale of environmental credits to corporations, who in turn gain verifiable ESG benefits. Universal Plastic also engages in scientific studies to measure the positive impact of their activities, further enhancing their credibility and appeal to environmentally conscious clients.

Keywords: AI, Blockchain, ESG, marine ecosystem, plastic waste, environmental credits, Ocean Defenders, transparency, sustainability, income opportunities.

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