OceanSafe

OceanSafe Analysis

OceanSafe, a Sustainability startup founded in 2019 and headquartered in Switzerland, is focused on advancing the circular textile industry through advanced material science. The company aims to address environmental and health-related issues associated with conventional textiles by offering biodegradable and recyclable materials that are free from harmful substances.

The startup offers two primary engagement models. Firstly, it provides textile materials that can replace traditional ones in existing products, and secondly, it enables brands to develop circular finished products through a licensing model. Its materials are biodegradable, recyclable, and Cradle to Cradle Certified® Gold, positioning them as a viable and eco-friendly alternative to conventional textiles.

The significance of OceanSafe's technology lies in its potential to combat issues prevalent in the textile industry, such as microplastic pollution, excessive resource use, toxicity, water pollution, and textile waste. The startup's focus on providing holistic product development solutions through its OceanSafe Certified program further strengthens its position as a key player in the quest for sustainable textile production.

Notably, OceanSafe recently secured a Seed Round investment on 02 December 2022, with funding from Rütters and exelixis capital. This investment signifies growing interest and support for OceanSafe's innovative approach to revolutionizing the textile industry and marks a significant milestone in the company's journey.

Overall, OceanSafe's dedication to creating materials for the circular economy and addressing pressing environmental challenges positions it as a promising player in the sustainability and textile industry, making it an attractive prospect for potential investors and partners.