Uluu - About the company
Uluu is a series A company based in Perth (Australia), founded in 2020 by Julia Reisser and Michael Kingsbury. It operates as a Manufacturer of biodegradable polymers from seaweed. Uluu has raised $17.2M in funding from Burda Principal Investments and Main Sequence. The company has 388 active competitors, including 101 funded and 17 that have exited. Its top competitors include companies like Xampla, Shellworks and Econic Technologies.
Company Details
Manufacturer of biodegradable polymers from seaweed. It produces carbon negative and compostable polyhydroxyalkanoates based polymer materials from microbial fermentation using seaweed, seawater, and saltwater microbes. It offers a variety of items including reusable bags, biodegradable products, and other environmentally conscious goods. It also produces injection molding grade pellets made from seaweed-based bioplastic material.
- Website
- www.uluu.com.au/
- Social
- Email ID
- *****@uluu.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2020
Location
Perth, Australia
Stage
Series A
Total Funding
$17.2M in 4 rounds
Latest Funding Round
Investors
Ranked
9th among 388 active competitors
Employee Count
28 as on Jul 31, 2026
Legal entities associated with Uluu
Uluu is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
C SEA SOLUTIONS PTY LTD CIN: 638224558 , Australia, Active | Dec 29, 2019 | - | - | |
C SEA SOLUTIONS PTY LTD CIN: 638224558 , Australia, Active | Dec 29, 2019 | - | - |
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Uluu's funding and investors
Uluu has raised a total funding of $17.2M over 4 rounds. Its first funding round was on Sep 27, 2021. Its latest funding round was a Series A round on Oct 30, 2025 for $*****. 5 investors participated in its latest round. Uluu has 10 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Uluu:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 30, 2025 | 8266000 | Series A | 9669608 | 6011347 | 8472154 | 5470329 |
Jun 25, 2024 | 1565480 | Grant (prize money) | 5337696 | 7654391 | 5710680 | |
Nov 16, 2022 | 7959068 | Seed | 7693972 | 3476395 |
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Uluu's founders and board of directors
Founder? Claim ProfileHere are the details of Uluu's key team members:
- Julia Reisser: Co-Founder & Co-CEO of Uluu. Contact Info: 1 email address
- Michael Kingsbury: Co-Founder & Co-CEO of Uluu. Contact Info: 1 email address
View details of Uluu's Founder profiles and Board Members
Uluu's employee count trend
Uluu has 28 employees as of Jul 26. Here is Uluu's employee count trend over the years:
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Uluu's Competitors and alternates
Top competitors of Uluu include Xampla, Shellworks and Econic Technologies. Here is the list of Top 10 competitors of Uluu, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Xampla 2018, Cambridge (United Kingdom), Series A | Manufacturer of plant based bio-degradable packaging products | $31.9M | 62/100 | |
2nd | Shellworks 2018, London (United Kingdom), Series A | Biotech startup Shellworks is focused on creating sustainable alternatives to plastic packaging by turning waste crustacean shells into biodegradable and compostable products. | $22.1M | 61/100 | |
3rd |  Econic Technologies 2011, Macclesfield (United Kingdom), Series E | Developer of technology that transforms carbon dioxide into valuable raw materials | $43.2M | 61/100 | |
4th |  EF Polymer 2018, Okinawa (Japan), Series B | Manufacturer of organic super-absorbent hydrogel for sustainable agriculture | $28.9M | 61/100 | |
5th | Provider of diversified green chemicals | $53.7M | 58/100 | ||
6th |  Tidal Vision 2014, Bellingham (United States), Series B | Provider of natural biopolymer materials | $356M | 58/100 | |
7th |  Newlight Technologies 2003, Huntington Beach (United States), Series F | Developer of technology converting greenhouse gas into biomaterial for product manufacturing | $220M | 57/100 | |
8th | Manufacturer of bioplastics from agricultural waste | $39M | 56/100 | ||
9th | Manufacturer of biodegradable polymers from seaweed | $17.2M | 56/100 | ||
10th | Manufacturer of natural polymer solutions for reducing plastic waste | $36.7M | 56/100 |
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Uluu's Investments and acquisitions
Uluu has made no investments or acquisitions yet.
Reports related to Uluu
Here is the latest report on Uluu's sector:
News related to Uluu
Filter this listMedia has covered Uluu for a total of 5 events in the last 1 year, 1 of them has been about company updates.
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Australia’s Uluu Nets $10.5M to Make Fossil-Free Plastics with SeaweedGreen Queen•Nov 03, 2025•Fairground, Trinityventures, Startmate, Uluu and 2 others
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Australian startup Uluu raises $13.5m to scale eco-friendly plasticsTech in Asia•Oct 30, 2025•Fairground, Startmate, Uluu, Main Sequence and 4 others
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Bioplastics business Uluu completes $16 million Series AAustralian Manufacturing Forum•Oct 30, 2025•Uluu, Burda Principal Investments, Fairgrounds Ventures, Startmate and 7 others
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Seaweed to sleepwear: Uluu unveils agreement with Australian fashion brandBusiness News•Sep 23, 2025•Uluu
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Uluu scales up its seaweed alternative to plastics with Quiksilver collaborationSmartCompany•Jan 16, 2024•Uluu, Quiksilver
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WA seaweed plastic startup Uluu announces first commercial collaboration with surfwear brand QuiksilverThe West Australian•Jan 16, 2024•Uluu, Quiksilver
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Cauldron Secures AUD$10.5M in One of Australia’s Biggest Female-Founded Seed RoundsVegan Business Magazine•Mar 27, 2023•Cauldron, Loam Bio, Uluu, Horizons Ventures and 6 others
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Biotech startup ULUU secures $8m from celebs Karlie Kloss, Tame Impala, to replace plastics with seaweedThe West Australian•Nov 15, 2022•Uluu, CSIRO, Alberts, Mistletoe and 2 others
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