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Turkey
BASF Venture Capital GmbH

Oceanworks

Oceanworks is a sustainable plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. The young company is based in the U.S. and offers a powerful platform for brands looking to reliably secure high-quality sources of ocean, ocean-bound, and averted PCR plastic (post-consumer recycled products are made from recycled plastic and discarded materials). Digitized blockchain-based traceability, material quality assurance, global logistics and marketing support are part of Oceanworks’ offer for its customers and their partners.

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Key Facts

 

Investment Year:

2022


Location:

Los Angeles, California, USA


Focus:

Digital marketplace for the purchase of recycled plastics

 

Neal Okarter
Neal Okarter
Investment Manager