What is NewFish?
Headquartered in Auckland, New Zealand, NewFish is a pioneering foodtech company dedicated to advancing sustainable food solutions through the cultivation and application of algae. The company is strategically positioned within the burgeoning alternative protein and sustainable food sectors, aiming to address global food security and environmental challenges. Its focus on algae-based products signifies a commitment to developing novel ingredients and food alternatives that offer both nutritional value and a reduced ecological footprint.
How much funding has NewFish raised?
NewFish has raised a total of $826K across 1 funding round:
Other Financing Round
$826K
Other Financing Round (2022): $826K with participation from Outset Ventures, Ngāti Hineuru, Steven Adams, and Tangaroa Ventures
Key Investors in NewFish
Outset Ventures
Outset Ventures is an incubator and early-stage investor focused on deep tech startups in New Zealand, providing investment, space, and support to foster innovation and global impact.
Ngāti Hineuru
Undisclosed investor participating in the funding round.
Steven Adams
Undisclosed investor participating in the funding round.
What's next for NewFish?
The recent major strategic investment into NewFish signals a critical phase of scaling and market expansion. This capital infusion is expected to accelerate product development, enhance production capabilities, and broaden the company's market reach, both domestically and internationally. As NewFish continues to leverage its expertise in algae technology, its trajectory points towards solidifying its position as a leader in sustainable food innovation, potentially attracting further investment as it moves towards commercialization and broader adoption of its offerings.
See full NewFish company page