Kelpi Raises £3M in Seed Funding
- Kelpi, a Bath, UK-based sustainable materials innovation company, raised £3M in Seed funding
- The round was led by Science Creates Ventures and Green Angel Syndicate, with funding from One Planet Capital and follow-on investment from Bristol Private Equity Club (BPEC), together with private angel investors
- The round includes £665K of grant funding from Innovate UK’s Combined Investor Partnership
- The company intends to use the funds to Kel pi will use the funds to conduct manufacturing pilots for their proprietary coatings for paper and card
- The company is a sustainable materials innovation business – harnessing the properties of seaweed to create compostable, marine-safe, low-carbon bioplastic packaging
