#tide finds new ways
to break into the traditional
value chains in plastic
#tide ocean material is developing a sustainable business in collecting and upcycling ocean bound plastics. The plastic waste is transformed into premium raw material which brands use for their new sustainable products.
Challenge
- #tide wants to increase sales and find new ways to break into the traditional value chains in plastic
- Wants to approach Nordic brands as they are perceived to have strong sustainability agenda
- #tide is also seeking non-equity funding
Approach
- Virtual roadtrip to large brands and potential partners in the value chain
- Scanning, reach out and applications to a large number of potential funding and acceleration partners
Results
- Projects started with brands and value chain partners
- Accepted in accelerator programs
- Introduced to and accepted by a variety of business networks for ocean plastics
- Funding applications filed and waiting for response
Client
- #tide ocean material is a spinn out of the Braloba group, based in Switzerland
- #tide is developing a sustainable business in collecting and upcycling ocean bound plastics
“Very experienced team with fantastic connection across the industry, capable to think outside of the box and identify innovative business opportunities. Once opportunities identified Ideon Open is ready and capable to support you on the journey to make the opportunities materialize.”
– Jan Herstek, Tide Ocean Material
