Latham & Watkins has advised Burda Principal Investments as lead investor on the US$16 million Series A funding round of Uluu, an innovative company transforming seaweed into a natural alternative to plastic.
The round was led by Burda Principal Investments, with participation from Main Sequence, Novel Investments, Startmate, and a consortium of leading impact and family investors including Fairground and Trinity Ventures.
The Latham team was led by London corporate partner Shing Lo, with associate Becky Wee.
