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Shellworks
Energy · London, United Kingdom · Founded 2019
Compostable, microbe-derived packaging for the beauty industry MoreLess
Shellworks is a design-led biotechnology company creating sustainable packaging alternatives to petroleum-based plastics. The company was founded in 2019 by Insiya Jafferjee, Amir Afshar, and Ed Jones, who met while pursuing a joint Master's Degree in Innovation Design Engineering at the Royal College of Art and Imperial College London. Their shared interest in solving the plastic pollution crisis, combined with their respective backgrounds in manufacturing, design, and materials science, led to the creation of the company.
Initially, Shellworks developed a material called Shellmer from chitosan, a biopolymer extracted from waste crustacean shells. However, based on industry feedback seeking vegan solutions, the company pivoted in early 2020. Their primary material is now Vivomer, a vegan, bio-based, and home-compostable polymer known as polyhydroxyalkanoates (PHA). Vivomer is produced through a fermentation process where microbes feed on renewable resources, like plant sugars, and create a plastic-like material within their cells. This material is designed to be stable during its use phase but will fully biodegrade in about a year in a home or industrial compost environment, leaving no microplastics or toxins behind.
The company's business model is focused on providing these packaging solutions directly to businesses, initially targeting the beauty and personal care industry, which generates over 120 billion units of plastic packaging annually. Shellworks has developed products such as compostable pipette droppers and containers for creams, working with brands like Bybi, Liha, Sana Jardin, and Haeckels. By offering a material that doesn't compromise on performance or aesthetics, Shellworks aims to help brands transition away from single-use plastics.
Shellworks has raised approximately $7.14 million in funding over three rounds. Its most significant was a $6.2 million seed round in May 2022, led by LocalGlobe with participation from investors like Founder Collective, True Global, and BoxGroup. This capital is being used to scale its technology, expand its team, and grow its commercial operations to meet the increasing demand for sustainable packaging.
Keywords: sustainable packaging, bioplastics, compostable materials, Vivomer, biotechnology, PHA, plastic alternatives, beauty industry packaging, circular economy, microbial fermentation, eco-friendly materials, petroleum-free, material science, green technology, zero-waste packaging, sustainable design, bio-based polymers, advanced materials, cleantech, impact startup
Company overview
Shellworks company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- London, United Kingdom
- Employees
- 46
- Open positions
- None listed
- Dealroom signal
- 89.1
Valuation & funding
Shellworks funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2026 | $15M | $60M | JamJar Investments · Third Sphere · Nat Friedman · LocalGlobe | ↗ |
| EARLY VC✓Equity / VC | Mar 2024 | $0 | — | Sie Ventures | ↗ |
| SEED✓Equity / VC | May 2022 | $6.6M | $26M | Version One Ventures · Bryan Meehan · LocalGlobe · BoxGroup | ↗ |
| GRANT✓Other financing | May 2021 | $608K | — | Undisclosed | — |
| GRANT✓Other financing | Jan 2021 | $581K | — | Undisclosed | — |
| SEED✓Equity / VC | Sep 2020 | BoxGroup · Ascension | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Shellworks website traffic
Latest recorded traffic for Shellworks is 21K monthly website visits, down 12.5% over the last three months. Shellworks's team grew 7% over the past year.
Comparisons
Shellworks compared with similar companies
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Talent graph
Shellworks's talent
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Global footprint
Where Shellworks has talent and traffic
team presence
In the news
Latest news about Shellworks
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Market sentiment
What the market is saying about Shellworks
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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