The funding positions Uluu to become a leading player in the fast‑growing alternative protein and marine biotechnology sectors, helping meet rising demand for sustainable food ingredients and reducing reliance on land‑based agriculture.
Perth-based seaweed startup Uluu raised AUS$16m in a Series A round led by Burda Principal Investments with participation from Main Sequence, Novel Investments, Startmate and a consortium of impact and family investors including Fairground and Trinity Ventures.
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