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
Shellworks has raised €19M across 2 funding rounds from 10 investors, most recently a Series A round in Mar 2026. Based in London, UK; active in Cleantech. Data as of 28 Oct 2026.
London, UKwww.theshellworks.com ↗
Total raised
€19M
€18,729,318
Funding rounds
2
Investors
10
distinct backers
Active since
2022-05
latest 2026-03
Funding by year
EUR raised per year · 2026 YTDShellworks — funding by year — interactive chart.
Data table
| Shellworks — funding by year | |
|---|---|
| 2022 | €5.8M |
| 2026 | €13M |
Signals
High confidenceRaise-next likelihood44
base rate 44% for Series A
- ▼ In typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood18
base rate 11% (2+ rounds)
- ▲ Recently backed by strong-exit-track investors
Timing: in window 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
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