ULUU cofounders Michael Kingsbury and Michael Julia Reisser
Climate Tech

Seaweed plastics alternative startup Uluu raises $16 million Series A

- October 30, 2025 3 MIN READ

Perth sustainable materials startup Uluu has raised $16 million in Series A, helping it develop a facility capable of turning seaweed into a natural plastic alternative at commercial scale. The latest raise was led by Germany’s Burda Principal Investments, with contributions from Main Sequence, Novel Investments, Startmate, and impact investors and family offices, including Fairground… Read more »