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Kelpi Raises $3.63 Million in Seed Funding for Sustainable Bioplastics

Kelpi Raises $3.63 Million in Seed Funding for Sustainable Bioplastics

February 26, 2023

The leaf shape logo kelp with white background

Kelpi, a UK-based sustainable materials innovation business, has recently raised $3.63 million in seed funding from investors including Science Creates Ventures, Green Angel Syndicate, and OnePlanetCapital. The company is dedicated to finding solutions to the problem of marine plastic pollution by creating compostable, marine-safe, low-carbon bioplastic packaging using seaweed as its main ingredient.

Seaweed is a renewable resource that has the potential to replace fossil fuel plastics and other non-biodegradable materials. Kelpi's innovative technology harnesses the unique properties of seaweed to create sustainable bioplastics that are fully biodegradable and leave no toxins or microplastics behind.

Meet the Kelpi team

The company's mission is to provide a sustainable alternative to traditional plastic packaging, which has become a major contributor to the global pollution problem. Kelpi's bioplastic packaging is designed to break down in seawater, unlike traditional plastics that can take hundreds of years to degrade. The company's technology is also compostable, making it an ideal solution for waste management and reducing the environmental impact of packaging.

The whole talented team of kelpi

The use of seaweed as a raw material for bioplastics is not new. Still, Kelpi's innovation lies in its ability to create high-quality, marine-safe bioplastics at a scale that is commercially viable. The company is leading the way in developing sustainable materials for a range of industries, including food and beverage, cosmetics, and household products.

The news of Kelpi

Kelpi's recent seed funding round will enable the company to expand its research and development efforts, increase production capacity, and bring its innovative bioplastics to a wider market. With the growing demand for sustainable packaging solutions, Kelpi is well-positioned to lead the way in creating a more sustainable future for the planet.

Visit https://founderlodge.com/round/Kelpi-raises-3630000-Seed-2023-02-21-Neil-Morris-OTY1Mg for more latest funding rounds.

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