We are thrilled to share that we have raised $8.6 million from some fantastic people & organisations.
These funds will used to build a pilot plant, progress with first-to-market agreements, and develop a global brand around the ULUU story.
As part of the round, ULUU’s existing investors Main Sequence, Possible Ventures and Alberts as well as Mistletoe, Inc. invested in ULUU, along with a number of incredible individuals, including supermodel & entrepreneur Karlie Kloss, Tame Impala’s Kevin Parker, Melvin Benn of Festival Republic, Nathan McLay of Future Classic, and Aussie chef Neil Perry | Rockpool.
We are humbled to have this support, and can’t wait to work together towards replacing plastic with materials that are good for the world.
A big welcome also to our new director Phil Morle – we feel very lucky to have you aboard, helping ULUU reach its economic & impact goals.
Finally, a special thank you goes to the University of Western Australia & champion Rob Shannon for their ongoing support. Being co-located at the Indian Ocean Marine Research Centre and collaborating with UWA Ocean Institute scientists has played a massive role in incubating ULUU from pre-seed to where we’re at today. We can’t wait to keep brewing innovation with you, right here in Western Australia.
This is just the beginning, as we work towards a post-plastic world!