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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 398 active competitors, including 101 funded and 16 that have exited. Its top competitors include companies like Shellworks, Xampla and altM.

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.
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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
Ranked
Employee Count
28 as on Aug 31, 2026
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 30, 2025
7638195
Series A
4107770
5951993
7666182
1059202
Jun 25, 2024
7913982
Grant (prize money)
5998009
3784231
7810371
Nov 16, 2022
3288152
Seed
8993901
1787893
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Uluu's founders and board of directors

Founder? Claim Profile
The founders of Uluu are Julia Reisser and Michael Kingsbury. Julia Reisser is the CEO of Uluu.
Here are the details of Uluu's key team members:

Uluu's employee count trend

Uluu has 28 employees as of Aug 26. Here is Uluu's employee count trend over the years:
Employee count trend for Uluu
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Uluu's Competitors and alternates

Top competitors of Uluu include Shellworks, Xampla and altM. Here is the list of Top 10 competitors of Uluu, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shellworks
Shellworks
2018, London (United Kingdom), Series A
Manufacturer of plastic-free packaging and consumer goods made from biomaterials
$22.1M
64/100
2nd
Logo for Xampla
Xampla
2018, Cambridge (United Kingdom), Series A
Manufacturer of plant based bio-degradable packaging products
$31.9M
62/100
3rd
Logo for altM
altM
2022, Bengaluru (India), Seed
Deep-tech biorefinery company converting agricultural waste into sustainable biomaterials
$3.5M
62/100
4th
Logo for EF Polymer
EF Polymer
2018, Okinawa (Japan), Series B
Manufacturer of organic super-absorbent hydrogel for sustainable agriculture
$28.9M
60/100
5th
Logo for Zerocircle
Zerocircle
2020, Pune (India), Seed
Manufacturer of seaweed based packaging materials and grease resistant coatings
$3.16M
59/100
6th
Logo for Sway
Sway
2020, Carmel Valley (United States), Seed
Manufacturer of seaweed-based materials as compostable replacements for plastic packaging
$14.5M
59/100
7th
Logo for Calyxia
Calyxia
2011, Bonneuil sur Marne (France), Series B
Provider of diversified green chemicals
$53.7M
59/100
8th
Logo for Tidal Vision
Tidal Vision
2014, Bellingham (United States), Series B
Provider of natural biopolymer materials
$356M
60/100
9th
Logo for Newlight Technologies
Newlight Technologies
2003, Huntington Beach (United States), Series F
Developer of technology converting greenhouse gas into biomaterial for product manufacturing
$220M
58/100
10th
Logo for Lactips
Lactips
2014, Saint Jean Bonnefonds (France), Series C
Manufacturer of natural polymer solutions for reducing plastic waste
$36.7M
57/100
12th
Logo for Uluu
Uluu
2020, Perth (Australia), Series A
Manufacturer of biodegradable polymers from seaweed
$17.2M
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

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Media has covered Uluu for a total of 4 events in the last 1 year.
•
ULUU signs JV deal with Indonesian seaweed supplierStartup News•Sep 21, 2023•Uluu
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