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Uluu develops compostable, biodegradable polymer made using seaweed and microbial fermentation.
Founded in 2021, Uluu develops a carbon-negative, home-compostable polymer made through a seawater process using seaweed and microbial fermentation. The material is designed as an alternative to plastic for packaging, textiles, and industrial applications. In October 2025, the company raised AUD 16 million in Series A funding led by Burda Principal Investments, with Novel Investments, Startmate, Fairground, Trinity Ventures, and Main Sequence Ventures participating. The funding will support a demonstration plant and commercial scale-up.
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