Kelpi

Bath, United Kingdom Founded: 2020 • Age: 6 yrs
Bioplastics are manufactured from seaweed by Kelpi.
Annual revenue - Latest available
Total funding $9.5M 5 rounds
Employees 3 Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Kelpi

Kelpi is a company based in Bath (United Kingdom) founded in 2020 by Neil Morris and Murray Kenneth. Kelpi has raised $9.51 million across 5 funding rounds from investors including Gov.uk, British Business Bank and Blackfinch. The company has 3 employees as of June 30, 2022. Kelpi offers products and services including Bioplastic Coating. Kelpi operates in a competitive market with competitors including Zerocircle, Notpla, Uluu, B'ZEOS and Searo Labs, among others.

  • Headquarter Bath, United Kingdom
  • Employees 3 as on 30 Jun, 2022
  • Founders Neil Morris, Murray Kenneth
  • Sectors
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Kelp Industries Ltd
  • Date of Incorporation 07 Jul, 2020
  • Jurisdiction BRISTOL, ENGLAND
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9.51 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5.5 M (USD), Series A

    May 30, 2024

  • Investors
    Gov.uk

    & 10 more

  • Employee Count
    3

    as on Jun 30, 2022

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Products & Services of Kelpi

Kelpi offers a comprehensive portfolio of products and services, including Bioplastic Coating.

Product name locked
Category locked
Primary

Provides water barrier as alternative to fossil-fuel plastics for eco-friendly use

People of Kelpi

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Molly McCarthy
Polymer Scientist
People
Georgios Gkotsis
Chief Technology Officer
People
Edward Jones
Principal Engineer
People
Stefanie Federle
Chief Scientific Officer

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Funding Insights of Kelpi

Kelpi has successfully raised a total of $9.51M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in May 2024. 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.

Investors in Kelpi

Kelpi has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, British Business Bank and Blackfinch.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Green Angel Ventures is focused on investing in climate startups.
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Investments in technology companies are made by Kadmos Capital.
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Early-stage investments are made in innovative startups by QantX.
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Investor details for Kelpi

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Kelpi

Investments
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Investment portfolio details for Kelpi

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  • Transaction dates
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Financial Statements - Kelpi

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Detailed financials for Kelpi

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Kelpi Comparisons

Kelpi Primary company
Description
Bioplastics are manufactured from seaweed by Kelpi.
Location
Bath, United Kingdom
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
3
As of 2022
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Peer comparison for Kelpi

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Competitors of Kelpi

Kelpi 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 Zerocircle, Notpla, Uluu, B'ZEOS and Searo Labs, among others.

Company Name Domain Founded year HQ Location Description
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Provider of seaweed-derived alternatives to plastics for films, coatings, and paper
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Seaweed-based bioplastics are manufactured for diverse packaging applications.
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Biodegradable polymers from seaweed are manufactured via microbial fermentation.
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Seaweed-based bioplastic packaging products are manufactured online.
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Natural polymer films from seaweed are developed as plastic alternatives.
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Detailed competitors of Kelpi

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Latest news on Kelpi

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Complete news archive for Kelpi

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Frequently Asked Questions about Kelpi

Kelpi was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Kelpi is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.

Neil Morris is the current CEO of Kelpi. They have also founded this company.

Kelpi is a funded company, having raised a total of $9.51M across 5 funding rounds to date.

As of Jun 30, 2022, the latest employee count at Kelpi is 3.

Kelpi was founded in 2020 and is based in Bath, United Kingdom. Operations focus on the bioplastics sector, where seaweed is utilized to produce materials. A platform is offered to users for manufacturing bioplastics derived from seaweed. Compostable and marine-safe biopolymers are developed using seaweed sources. These products are applied in the packaging industry for various uses.

Kelpi's top competitors include Zerocircle, Notpla and B'ZEOS.

Kelpi offers Bioplastic Coating.

Kelpi has 11 investors. Key investors include Gov.uk, British Business Bank, Blackfinch, Green Angel Ventures, and Kadmos Capital.

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