Explore: Sustainable Materials · Series A · Australia
Uluu
Series A · 🇦🇺 Perth, Australia · Founded 2021 · 11-50 employees
Perth sustainable materials startup that uses fermentation to turn seaweed into biodegradable plastic alternatives (polyhydroxyalkanoates). Uluu is a climate, deeptech and materials startup based in Perth, Australia, founded 2021, at Series A stage, with $16M raised to date.
Uluu is tracked live on Scout, Fusion42's database of newly funded startups — its profile updates as new rounds, backers and Wire analysis land.
Total raised
$16M
Stage
Series A
Business model
transactional
Key differentiator
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.
Target customer
Packaging, apparel, electronics, automotive, and furniture manufacturers seeking sustainable plastic alternatives
Sectors
Funding rounds
Series A
30 October 2025
Led by Burda Principal Investments
With Main Sequence, Novel Investments, Startmate, Fairground and Trinity Ventures
Key investors
Burda Principal Investments, Main Sequence Ventures, Novel Investments, Startmate, Fairground, Trinity Ventures, Karlie Kloss (individual investor)
Notable achievements
- 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
Frequently asked questions
- 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).