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Rock star and model among backers of seaweed ‘plastic’ start-up

Tess Bennett

Tame Impala frontman Kevin Parker and supermodel turned entrepreneur and philanthropist Karlie Kloss are among the high-profile backers investing in Perth-based climate tech start-up Uluu, which has figured out how to turn seaweed into a replacement for plastic.

Founded by Julia Reisser, an expat Brazilian marine scientist, and Michael Kingsbury, a former M&A lawyer, Uluu has closed an $8 million seed round led by its existing deep tech investor Main Sequence, the CSIRO’s venture capital arm, with participation from Albert Impact Ventures, Mistletoe and Possible Ventures.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/rock-star-and-model-among-backers-of-seaweed-plastic-start-up-20221110-p5bx9i