Overview
Impact Data to Repair the Planet
Seabin sells impact data as our primary source of revenue. Seabin has evolved a lot since the first garbage can went in the water in 2016. So much that we don't sell Seabins anymore, we clean up entire cities and sell the impact data we create.
The emerging biodiversity market in Australia will be worth $137 billion by 2050. Seabin will hit our $1 million annual recurring revenue milestone this quarter from selling impact data, and now we want to scale it up.
We have raised $2.92 million from two Birchal campaigns in 2020 and 2021, and now we seek to raise the maximum of $3 million to scale up our revenue, our impact and build our nature repair digital platform to manage the data program.