Uluu
Perth, Australia
◆ Total Raised
$16M
◆ Stage
series-a
◆ Location
Perth, Australia
◆ Founded
2021
◆ Team size
11-50
◆ Links
◆ About Uluu
Perth sustainable materials startup that uses fermentation to turn seaweed into biodegradable plastic alternatives (polyhydroxyalkanoates).
◆ What sets it apart
Uluu is the only company producing PHA bioplastics from seaweed via fermentation, offering a carbon-negative, home-compostable, and ocean-safe material that fully replaces fossil plastics without requiring new manufacturing equipment.
◆ Sectors
◆ Business
Modeltransactional
CustomerPackaging, apparel, electronics, automotive, and furniture manufacturers seeking sustainable plastic alternatives
◆ Notable
- Awarded the 2025 SXSW Innovation Award in Austin, Texas
- Secured AU$16M (US$10.5M) in Series A funding to build a 10-tonne/demo facility in Western Australia
- Grew staff from 13 to 23 in 2025
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Uluu do?
Perth sustainable materials startup that uses fermentation to turn seaweed into biodegradable plastic alternatives (polyhydroxyalkanoates).
Where is Uluu based?
Uluu is based in Perth, Australia, founded in 2021.
How much has Uluu raised?
Uluu has raised $16M in tracked funding and is currently at the series-a stage.
Who has invested in Uluu?
Investors in Uluu include Burda Principal Investments, Main Sequence Ventures, Novel Investments, Startmate, Fairground, Trinity Ventures and Karlie Kloss (individual investor).