Want to protect your hands from hot drinks while also looking rad (and eco-friendly)? For just $5, you can buy a reusable drink koozie made completely from ocean-bound plastic.

North Carolina-based company Freaker USA’s new product, Slippy, aims to reduce the number of people using non-reusable cardboard coffee sleeves. “Every year Americans use enough cardboard coffee sleeves to cover Texas,” the company says in its Kickstarter campaign.

Each koozie is woven from yarn created with one plastic bottle that would otherwise be destined for the ocean. That means all of the plastic bottles used to create each Slippy were “collected from the beach or within 30 miles of the coast in countries without formal waste management systems,” the company says. It was a challenge to create a product made entirely from ocean-bound plastic: Several companies create products using a mixture of ocean-bound plastic and recycled plastic, Freaker USA says, but few create products from 100 percent ocean-bound plastic.

As of November 3, more than 1000 backers have pledged $34,000 to Freaker USA’s Kickstarter—well over $20,000 more than the original goal. Interested customers have until November 22 to contribute to the campaign. Backers can choose from 25 different Slippy designs for $5 each. For $500 and up, independent business owners can purchase Slippy koozies with a custom logo.