Startup · $25.9m raised
Deep tech startup making biodegradable plastic alternatives from seaweed-derived PHA
Perth, WA
Every investor coverage indicates participated in a round Uluu raised.
| Investor | Rounds | Invested |
|---|---|---|
| Burda Principal Investments | Series A | - |
| Fairground | Series A | - |
| Novel Investments | Series A | - |
| Trinity Ventures | Series A | - |
| Albert Impact Ventures | Seed | - |
| Alberts | Seed | - |
| Festival Republic | Seed | - |
| Future Classic | Seed | - |
| Karlie Kloss | Seed | - |
| Kevin Parker | Seed | - |
| Melvin Benn | Seed | - |
| Mistletoe | Seed | - |
| Nathan McLay | Seed | - |
| Neil Perry | Seed | - |
| Neil Perry AM | Seed | - |
| Possible Ventures | Seed | - |
| Tame Impala | Seed | - |
| Voice Capital | Seed | - |
| KPMG | Grant | - |
| Main Sequence Ventures | Series A · Seed | - |
| Startmate | Series A · Accelerator | - |
Companies Uluu acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Uluu. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Startmate chief Michael Batko departs following an eight-year stint; COO Phoebe Pincus steps up. The piece credits his tenure for the accelerator's growth, returns and alumni, and notes his exits from two side ventures.
Long-serving Startmate chief Michael Batko departs the accelerator's top job, with operations lead Phoebe Pincus promoted to CEO; the piece also recalls two side ventures Batko previously exited.
Weekly agrifoodtech roundup: raises for more than a dozen companies including Australia's Uluu and Nbryo, executive and board appointments, Leon's buyback from Asda, and the collapse of two insect firms.
Weekly funding roundup covering eight raises totalling over $113 million across aerospace, biotech, materials, health and software, plus a pharmacy firm's acquisition out of administration.
Weekly roundup of eight trans-Tasman startup raises worth a combined $113 million-plus, alongside Joe Zhou's buyout of StrongRoom AI from administrators.
Perth seaweed materials maker Uluu has closed a Series A led by Burda Principal Investments to fund a commercial-scale facility, with Main Sequence returning after leading its 2022 round.
Also Startup Daily·@AuManufacturing·Forbes Australia·SmartCompany·Startup News (WA)·Startup Daily·AgFunderNews
Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.
Report of an Alberts-hosted panel on impact investing, featuring seaweed-based plastics maker Uluu and food-tech firm Harvest B, covering climate capital, family offices and diversity initiatives.
Main Sequence's blog spotlights Uluu's Julia Reisser, who moved from oceanography into making biodegradable seaweed-based plastics, recalling the company's Startmate beginnings and its first product with Quiksilver.
Profile of Uluu, a Perth climate tech startup turning farmed seaweed into biodegradable PHA to replace plastics, recalling early backing from Alberts Impact Ventures and Main Sequence plus two grants.
Also Forbes Australia
A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.
A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.
Alberts Impact Ventures introduces its new investment associate in a Q&A covering his prior role at an investment platform, his path into impact investing, and portfolio companies in health and climate.
Investor's own year in review: five new portfolio companies, a follow-on into ULUU, the Verve Super exit, the Equity Clear gender-reporting initiative, a first founders' retreat, and a sweep of awards for portfolio companies.
Also OIF Ventures portfolio·Alberts Impact Ventures portfolio·Alberts Impact Ventures portfolio·SmartCompany·Startup Daily·SmartCompany·Women's Agenda·Crunchbase News
Year-end podcast episode: a festival panel with the founders of Uluu, Raaise and Electro Ventures on climate tech challenges, wins and plans for 2024.
A biotech startup making a methane-cutting cattle feed additive has raised pre-seed capital from four backers, with the piece also recalling recent emissions-focused raises by two other Perth ventures.
Also AgFunderNews·AgFunderNews·SmartCompany·SmartCompany·AgFunderNews
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
Regional NSW precision fermentation startup Cauldron has raised a $10.5 million seed round led by Main Sequence Ventures, following an earlier Queensland government investment, to expand its pilot facilities.
Also Women's Agenda·@AuManufacturing·AgFunderNews·SmartCompany·AgFunderNews·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany
SmartCompany profiles five Australian regional startups to watch in 2023, recalling recent funding rounds for OceanFarmr, Zetifi, Sea Forest and Subpod, and noting SwarmFarm Robotics' farmland reach.
Also Startup Daily
Alberts Impact Ventures recaps 2022: six new portfolio companies, five follow-on investments, a led seed round in Abby Health, plus team events, a trade mission and investor recognition.
SmartCompany profiles ten Australian startups to watch in 2023, recapping recent funding rounds, one acquisition, and pitch-event and awards results across insurtech, gaming, biotech, death tech and freight.
Also SmartCompany
Techboard's monthly roundup reports November 2022 Australian private funding of roughly $678 million across 38 deals, listing closed raises by Vow, Samsara Eco, Advanced Navigation and others, Sprint Ventures' first fund close, and rounds still open.
Also SmartCompany
Ignition Lane's weekly tech roundup covering record Australian VC fund raises, several green-tech startup funding rounds, Deliveroo's administration, the FTX collapse, and takeover offers for ELMO and Nitro.
Also Techboard
Alberts Impact Ventures announces it is backing Uluu, a maker of seaweed-based plastic alternatives that has raised $8 million, and directs readers to the Australian Financial Review for more on founders Julia Reisser and Michael Kingsbury.
Also Alberts Impact Ventures portfolio·TechCrunch Australia·SmartCompany·Startup Daily·Forbes Australia·SmartCompany·Startup News (WA)·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup News (WA)·Forbes Australia
Seaweed-based plastics maker ULUU has raised AUD 8 million led by Main Sequence, with angels including Karlie Kloss and Kevin Parker taking part, to scale its biodegradable PHA polymer and launch first products.