CROWD FUNDING CAMPAIGN THE OCEAN CLEANUP
SUCCESSFULLY COMPLETED
Funding raised in 100 days exceeds expectations
Funding raised in 100 days exceeds expectations
*submitted article
September 15, 2014, Amsterdam - The Ocean Cleanup,
founded by Dutchman Boyan Slat (20), has successfully completed its crowd funding campaign. With the support of over
38,000 funders from 160 countries, in 100 days over $ 2 million (US) has been raised.
This success brings The Ocean
Cleanup another step closer in its quest of cleaning the oceans of plastics. The next step, which comprises the
construction and testing of large-scale operational pilots, can now be initiated.
The funding raised will be utilized to deploy a series of
up-scaling tests, ultimately resulting in a fully operational offshore cleanup array in 3
years’ time; the final preparation before full-scale execution. The team projects the first pilot to be
operational within a year. Within this year a sequence of expeditions is also being planned, which are focused on
collecting further oceanographic data for engineers to work with.
Boyan Slat, founder and CEO of The Ocean Cleanup
Foundation: “Plastic pollution has been recognized by the UN as one of the
major environmental challenges facing mankind in the 21st century. The crowd funding received so far enables us to
start the Pilot Phase, in which we push the concept from feasible to executable. Hence, we are very grateful to all of
whom have supported us worldwide, all crowd funding and professional in kind contributors, as well as the many
volunteers and ambassadors who invested their enthusiasm, and gave us the confidence to keep
going.”
On 3 June 2014, Boyan Slat presented The Ocean Cleanup’s
feasibility study - a 530-page report, authored by 70 scientists and engineers -
proposing a viable method to clean half of the so-called ‘Great Pacific Garbage
Patch’ within ten years’ time. At the same time, a crowd funding campaign was launched, aiming to collect
US$ 2 million within 100 days. Within 98 days, the US$ 2 million target had been reached. After completion, US$ 2,154,282 had been raised, making it ‘the most successful
non-profit crowd funding campaign in history’, according to ABN AMRO’s crowd funding platform SEEDS, who
facilitated the campaign.
The Ocean Cleanup will now assemble a new team to lead the research,
and plans to start the pilot phase next month. As Slat tweeted today: “I can’t wait to
get started again.”
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