Uluu Raises AUS$16M Series A Led by Burda Principal Investments

Why It Matters

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.

Deal Summary

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.