# Big Akwa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/big-akwa

- Industry: Agribusiness
- Headquarters: Härnösand, Sweden
- Website: www.bigakwa.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Sep 13, 2022)
- Investors on record: 2

## About

Based in Härnösand, Sweden, and founded in 2020 by Elena Petukhovskaya (CEO), and Hugo Wikstrom (VP), Big Akwa AB operates as a food-tech company that uses industrial waste to produce sustainable protein. In September 2022, Big Akwa AB raised SEK 2.7 million in seed funding from ALMI Invest and Sparbanksstiftelse Norrlands Riskkapitalstiftelse and other investors also participated in the round. 

Big Akwa AB establishes industrial symbiosis between aquaculture and the process industry by generating low-temperature heat from the pulp industry which can be used to heat fish farm water to optimal temperatures, allowing for faster fish growth and lower energy consumption. The firm recycles dirty fish water and feeds it back into pulp production by purifying the water and improving the environmental footprint for both fish and pulp production.

The company plans to use the September 2022 funding to develop its product and support its next phase of growth.

## Funding rounds

- Seed, Sep 13, 2022, $0.3M — ALMI Invest, Sparbanksstiftelse Norrlands Riskkapitalstiftelse

## Investors

- ALMI Invest — Seed
- Sparbanksstiftelse Norrlands Riskkapitalstiftelse — Seed