Kelpi

Deal Type
Growth Capital

Initial Investment
May 2024

Sector
Technology

Status
Current

Kelpi is a sustainable materials company developing innovative seaweed-based coatings that enable paper, card and fibre packaging to match the performance of traditional plastic alternatives. Based in Bristol, the business is helping global brands reduce their reliance on fossil fuel-based plastics through recyclable and biodegradable packaging solutions for the food, drink, cosmetics and personal care sectors.

Founded to tackle the growing environmental challenge of plastic waste, Kelpi combines advanced biomaterials science with commercially scalable manufacturing processes. Using sustainably farmed seaweed and other renewable feedstocks, the company has developed proprietary coating technology that delivers strong barrier performance while supporting a more circular packaging economy. Working with leading brands and packaging partners, Kelpi is accelerating the transition towards more sustainable packaging solutions.
Kelpi
“This landmark investment enables Kelpi to scale up our pioneering work and take to market our world-leading packaging material that is already being chosen by clients. Kelpi can now play a key role in ending our dependence on fossil fuels to create single-use packaging and so eliminating a major source of plastic pollution. We’re delighted to receive this backing to allow us to accelerate our pioneering work.”  

Neil Morris, Founder and Chairman at Kelpi

Meet the lead executive(s)

Melanie Goward
Melanie Goward

Partner