Shellworks

London, United Kingdom · Founded 2019 · Privately Held (backing)

Developer of sustainable biopolymer products designed to turn waste crustacean shells into biodegradable and compostable products. Shellworks is based in London, United Kingdom and was founded in 2019. It was valued at $59.2 million at its later-stage round in Mar 2026, the last priced event on record. It has raised $22.1 million across 2 recorded rounds; the latest was a $14 million early-stage round in Oct 2025.

PMV mark · valuation
$59.2M
Oct 2026
Priced at
its later-stage round
Mar 2026
Total raised
$22.1M
Last round
Early Stage VC
Oct 2025
How much has Shellworks raised?
$22.1Macross 2 recorded rounds · Jul 2020 – Oct 2025

Most recently, Shellworks raised $14.0M in its Early Stage VC (Oct 2025).

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Shellworks round by round

2 rounds
Oct 2025Early Stage VC$14.0MSEC filing▮
27 investors participated
Jul 2020Seed Round$710KSEC filing▮
9 investors participated

How much has Shellworks raised?

Shellworks has raised $22.1 million in total; 2 of its rounds are on record. The largest on record was a $710,000 seed round in Jul 2020; the most recent was a $14 million early-stage round in Oct 2025.

Shellworks has filed 2 Form Ds with the SEC since 2020, most recently in Jul 2021 ($229,037 sold to 3 investors).

Shellworks investors

33 investors are on record for Shellworks, including BoxGroup, Tech Nation Group, Phoenix Court and Founder Collective. By type, the record holds 6 venture capital firms and 1 family office. The early-stage round in Oct 2025 drew 27 investors.

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Frequently asked about Shellworks

How much has Shellworks raised?
Shellworks has raised $22.1M in total across 2 recorded funding rounds.
When was Shellworks's last funding round?
Shellworks's most recent recorded round was Early Stage VC in Oct 2025, raising $14.0M.