One Word - "Nature": How Uluu is Solving the Plastic Crisis with Seaweed | Michael Kingsbury

Cicada x Tech23 | https://www.cicadainnovations.com/cic...
Cicada x Tech23 is Australia's biggest celebration of deep tech. The event connects founders with brave ideas about the future to an audience of investors, business leaders and policymakers – inviting everyone support game-changing people and ideas that can revolutionise our world.
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Co-designing with Nature
"'Co-Designing with Nature' is one of the five exciting themes at Cicada x Tech23. It focuses on the fusion of biology, technology, and indigenous wisdom, offering a pathway to reset our relationship with nature. It fosters collaboration and holds the promise of building stronger economies and a prosperous future for generations to come. With some outstanding founders and scientists in the field, we'll explore how this groundbreaking approach is revolutionising industries, including pharmaceuticals, agriculture, food supply, advanced materials and manufacturing.
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About Uluu | https://www.uluu.com.au/
Uluu is on a mission to tackle the global plastic crisis, mitigate climate change, and restore ocean health. They have developed ocean-derived materials that can potentially replace the 400 million tonnes of plastic produced annually. Their key innovation is PHA (polyhydroxyalkanoate), a naturally produced and home-compostable plastic alternative. Unlike other natural materials, PHA possesses the unique ability to mimic the properties of plastic, including water repellency, lightweight, durability, and compatibility with existing production lines. Uluu utilises seaweed, a renewable carbon source, as the feedstock for PHA production. This approach offers economic advantages and provides a sustainable pathway to scale carbon production and reduce dependence on fossil fuels in the polymer economy.The company is leading the way towards a plastic-free world, ending our reliance on fossil fuel-based plastics and promoting environmental sustainability.
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About Michael Kingsbury:
Michael Kingsbury, Co-founder & Co-CEO. Previously a Principal at BHP, helping guide its multi-billion dollar automation growth strategy and R&D portfolio. Michael also worked as an M&A lawyer with a top-tier firm, Corrs Chambers Westgarth. There, Michael advised on several high-profile M&A and fundraising transactions (including in aquaculture).