Shellworks
Shellworks’ first plastic-like product was developed using shellfish waste, but less than a year into its existence the startup pivoted to using a fat-like substance extracted from bacterial cells, which “behaves like a natural polyester” and is vegan
London, UKwww.theshellworks.com ↗
Total raised
€19M
€18,765,269
Funding rounds
2
Investors
10
distinct backers
Active since
2022-05
latest 2026-03
Funding by year
EUR raised per year · 2026 YTDSignals
High confidenceRaise-next likelihood32
base rate 44% for Series A
- ▼ Raised very recently
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood12
base rate 12% (2+ rounds)
Timing: too soon vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2026-03-05 | Series A | €13M | alter equity,Founder Collective,JamJar Investments,LocalGlobe,Nat Friedman (NFDG),Third Sphere | View deal → |
| 2022-05-25 | Seed | €5.8M | Bryan Meehan,Founder Collective,TransferWise,TweetDeck,VC LocalGlobe | View deal → |
Investors
10Related news
- Shellworks wants to crack makeup’s single-use plastic problemtechcrunch.com · 2022-05
- tech.eu