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
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Sectors
Chemicals & 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 Kelp Industries Ltd
- Date of Incorporation 07 Jul, 2020
- Jurisdiction BRISTOL, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.51 M (USD)
in 5 rounds
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Latest Funding Round
$5.5 M (USD), Series A
May 30, 2024
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Investors
Gov.uk
& 10 more
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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. 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.
Provides water barrier as alternative to fossil-fuel plastics for eco-friendly use
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $5.5M
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First Round
First Round
(27 Oct 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Kelpi | Valuation | Blackfinch | |
| Feb, 2023 | Amount | Grant - Kelpi | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - Kelpi | Valuation | Science Creates , Green Angel Ventures |
| 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 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. 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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Green Angel Ventures is focused on investing in climate startups.
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Founded Year | Domain | Location | |
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Investments in technology companies are made by Kadmos Capital.
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Founded Year | Domain | Location | |
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Early-stage investments are made in innovative startups by QantX.
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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 Kelpi
| 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 - Kelpi
| 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 |
Kelpi Comparisons
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. 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 |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper
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| domain | founded_year | HQ Location |
Seaweed-based bioplastics are manufactured for diverse packaging applications.
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| domain | founded_year | HQ Location |
Biodegradable polymers from seaweed are manufactured via microbial fermentation.
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| domain | founded_year | HQ Location |
Seaweed-based bioplastic packaging products are manufactured online.
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| domain | founded_year | HQ Location |
Natural polymer films from seaweed are developed as plastic alternatives.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Kelpi
Frequently Asked Questions about Kelpi
When was Kelpi founded?
Kelpi was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Kelpi located?
Kelpi is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.
Who is the current CEO of Kelpi?
Neil Morris is the current CEO of Kelpi. They have also founded this company.
Is Kelpi a funded company?
Kelpi is a funded company, having raised a total of $9.51M across 5 funding rounds to date. The company's 1st funding round was a Grant of $819.86K, raised on Oct 27, 2021.
How many employees does Kelpi have?
As of Jun 30, 2022, the latest employee count at Kelpi is 3.
What does Kelpi do?
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.
Who are the top competitors of Kelpi?
Kelpi's top competitors include Zerocircle, Notpla and B'ZEOS.
What products or services does Kelpi offer?
Kelpi offers Bioplastic Coating.
Who are Kelpi's investors?
Kelpi has 11 investors. Key investors include Gov.uk, British Business Bank, Blackfinch, Green Angel Ventures, and Kadmos Capital.
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