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Keel Labs
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Developer of bio-based fiber materials from sea kelp

Founded in 2017
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Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters New York, NY New York, United States
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Updated by Lily Lin at on 07/16/2018

Edited by Cleantech Group on 03/07/2024

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IPO INFORMATION

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Date Investors Type Amount
06/23/2022 Fashion for Good Fashion for Good , Horizons Ventures Horizons Ventures , Starlight Ventures Starlight Ventures , Third Nature Third Nature , SOSV SOSV , Collective Fund Collective Fund , H&M CO:LAB H&M CO:LAB (7)
Post-money valuation of
The new investment will be used to scale production of AlgiKnit’s proprietary kelp-based yarns and fibres.
Series A $13,000,000
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