About Keel Labs
Keel Labs is a company based in Morrisville (United States) founded in 2017.. Keel Labs has raised $17.4 million across 4 funding rounds from investors including H&M Group, Aqua Spark and SOSV. Keel Labs offers products and services including Kelsun fiber. Keel Labs operates in a competitive market with competitors including Arda Biomaterials, Next-ChemX, Werewool, Morus and Dimpora, among others.
- Headquarter Morrisville, United States
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Sectors
RetailChemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Algiknit Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.4 M (USD)
in 4 rounds
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Latest Funding Round
$13 M (USD), Series A
Jun 22, 2022
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Investors
H&M Group
& 6 more
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Employee Count
Employee Count
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Products & Services of Keel Labs
Keel Labs offers a comprehensive portfolio of products and services, including Kelsun fiber. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biopolymer made from seaweed for eco-friendly applications and innovation.
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Funding Insights of Keel Labs
Keel Labs has successfully raised a total of $17.4M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $13 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $13.0M
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First Round
First Round
(22 Jan 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Keel Labs | Valuation | Starlight Ventures , Third Nature Investments | |
| Mar, 2021 | Amount | Seed - Keel Labs | Valuation | SOSV , Horizons Ventures |
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| Nov, 2018 | Amount | Seed - Keel Labs | Valuation | Horizons Ventures , SOSV |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Keel Labs
Keel Labs has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include H&M Group, Aqua Spark and SOSV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Horizons Ventures is focused on investing in deep science and technology.
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Founded Year | Domain | Location | |
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High-tech startups are invested in by Starlight Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Keel Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Keel Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Keel Labs Comparisons
Competitors of Keel Labs
Keel Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arda Biomaterials, Next-ChemX, Werewool, Morus and Dimpora, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Biomaterials are developed for fashion, home goods, and automotive uses.
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| domain | founded_year | HQ Location |
Membrane-based ion exchange systems are provided for ion extraction.
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| domain | founded_year | HQ Location |
Biodegradable fabrics with performance properties are provided via biotechnology.
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| domain | founded_year | HQ Location |
Morus Inc. is engaged in developing silkworm-based nutritional products.
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| domain | founded_year | HQ Location |
Hydrophobic coatings and microporous membranes for textiles are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Keel Labs
Frequently Asked Questions about Keel Labs
When was Keel Labs founded?
Keel Labs was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Keel Labs located?
Keel Labs is headquartered in Morrisville, United States.
Is Keel Labs a funded company?
Keel Labs is a funded company, having raised a total of $17.4M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Jan 22, 2018.
What does Keel Labs do?
Keel Labs was founded in 2017 and is based in Morrisville, United States. Operations focus on the textile sector, where bio-materials such as threads and yarns are manufactured from seaweed sources. These sustainable alternatives are supplied to support eco-friendly production in apparel and fabric industries. The companys platform enables access to these innovative materials for various textile applications.
Who are the top competitors of Keel Labs?
Keel Labs's top competitors include Arda Biomaterials, HeiQ AeoniQ and Next-ChemX.
What products or services does Keel Labs offer?
Keel Labs offers Kelsun fiber.
Who are Keel Labs's investors?
Keel Labs has 7 investors. Key investors include H&M Group, Aqua Spark, SOSV, Horizons Ventures, and Starlight Ventures.