13 Feb 2023 --- Kelpi has received £3 million (US$3.6 million) in fundraising to advance its seaweed-based bioplastic coatings. The climate tech innovator says the funding round will bring environmentally sustainable packaging for the F&B and cosmetics sectors closer to supermarket shelves. “This landmark investment enables Kelpi to scale up our pioneering work using seaweed to create bioplastic packaging with the barrier properties required by clients,” says Kelpi CEO and co-founder, Neil Morris. “Kelpi can now play a key role in eliminating plastic pollution and ending our dependence on fossil fuels to create single-use packaging.”
