# Kelp Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kelp-industries

- Industry: Biopolymers
- Headquarters: Bristol, UK
- Total disclosed funding: $3.2M
- Latest round: Seed (Dec 13, 2022)
- Investors on record: 5

## About

Based in Bristol, UK, and founded in 2020 by co-founders Neil Morris (CEO), Murray Kenneth, and Christopher Chuck, Ph.D., Kelp Industries Ltd operates as a provider of seaweed-based bioplastic materials that offer compostable and recyclable packaging solutions to companies in sectors like food, cosmetics, and consumer goods. In March 2024, Kelpi raised GBP 4.35 million in venture funding led by Blackfinch Ventures, with participation from Green Angel Syndicate, Kadmos Capital, QantX, Evenlode Foundation, Southwest Opportunity Fund Investments, Bristol Private Equity Club, and OnePlanetCapital.

The company provides a wide range of sustainable packaging solutions, including compostable and marine-safe bioplastic coatings developed from seaweed. These coatings offer water-barrier properties, making them suitable for various packaging needs.

## Funding rounds

- Seed, Dec 13, 2022, $2.9M — Green Angel Syndicate, Bristol Private Equity Club, OnePlanetCapital, Science Creates Ventures
- Seed, Sep 7, 2021, $0.3M — Bristol Private Equity Club, SETsquared

## Investors

- Bristol Private Equity Club (https://capitalatlas.ai/funds/bristol-private-equity-club) — Seed
- SETsquared — Seed
- Green Angel Syndicate (https://capitalatlas.ai/funds/green-angel-syndicate) — Seed
- OnePlanetCapital (https://capitalatlas.ai/funds/oneplanetcapital) — Seed
- Science Creates Ventures (https://capitalatlas.ai/funds/science-creates-ventures) — Seed