Keel Labs
Transforming the future of fiber by unlocking the ocean's powerful potential.
Durham, United States · Founded 2017 · $17.6M raised
- Headquarters
- Durham, North Carolina
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B
- Website
- keellabs.com
- Total Funding
- $17.6M
- Last Round
- $13.0M Series AApr 2022
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Keel Labs is a materials innovation company developing seaweed-based fiber for the textile industry. Its flagship product, Kelsun, is a fiber made from seaweed-derived biopolymers that eliminates the need for arable land and avoids synthetic fertilizers and pesticides used in conventional agriculture. Originally founded as AlgiKnit in 2017, Keel Labs uses ocean-based resources to create climate-forward materials that can replace conventional synthetic and natural fibers in apparel and textiles.
Summary
Keel Labs is a Climate Tech company based in Durham, United States, founded in 2017. It has raised $17.6M in total across 3 rounds, most recently a $13.0M Series A round in Apr 2022. Investors include Collaborative Fund, H&M Group and Horizons Ventures.
Tech & App Stack
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Funding History
Apr 2022
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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