# Näak

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/naak

- Industry: Food
- Headquarters: Montreal, Canada
- Website: www.naak.com/
- Total disclosed funding: $3.6M
- Latest round: Series A (Aug 20, 2024)
- Investors on record: 2

## About

Based in Montreal, Canada, and founded in 2016 by co-founders William Walcker (CEO), Minh-Anh Pham, and Antoine Domergue, Näak Inc. operates as a provider of nutrition products such as energy gels, waffles, and other endurance nutrition products to ultramarathoners and trail runners. In August 2024, Näak Inc. raised CAD 5 million in Series A funding led by Investissement Québec, with participation from High Flyers Capital.

The company offers a wide range of nutrition products, including Ultra Energy Gels, Ultra Energy Waffles, drink mixes, bars, purees, and caffeine supplements. These products are intended to meet a variety of protein needs, dietary preferences, textures, and flavors. Customers can select options by their preferred protein sources (e.g., plant-based or whey), dietary needs (e.g., vegan, gluten-free), and product textures (e.g., gels, chews, bars). Additionally, the firm provides custom nutrition plans and hydration guidance, customized solutions to individual performance and dietary requirements.

The company generates revenue primarily through the sale of its products on its e-commerce platform. The company offers a range of nutrition items with prices such as Ultra Energy Gels starting at approximately CAD 3.50 each, Ultra Energy Waffles at around CAD 2.00 per waffle, and drink mixes priced at about CAD 1.50 per serving. Other products like bars and purees are priced between CAD 2.50 and CAD 4.00 each.

The company plans to use its proceeds from August 2024 to improve its operations through advancements in research and development and to facilitate the diversification of its product offerings in response to the increasing demand for nutritional solutions tailored to endurance and outdoor sports.

## Funding rounds

- Series A, Aug 20, 2024, $3.6M — Investment Quebec, High Flyers Capital

## Investors

- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Series A
- High Flyers Capital (https://capitalatlas.ai/funds/high-flyers-capital) — Series A