Big Akwa Raises Funding for Pioneering Sustainable Fish Farming Facility
Summary
Big Akwa raised about $465,500 in a second investment round through share sales and loans. Existing investors Sparbanksstiftelsen Norrlands Venture Capital Foundation and Almi Invest joined the share sale, while Almi Företagspartner and Norrlandsfonden provided loans. The company will use the capital to advance permitting and build its first fish farming facility in Ånge municipality. The project aims to produce 6,000 tons of sustainably farmed rainbow trout each year and create 35 to 50 jobs. The company positions its approach as a low-emission, energy-efficient model for future fish farming.
Funding
Amount
$465.5K
Total raised
Date
May 3, 2023
Announcement date
Investors
Norrlandsfonden, ALMI Tillväxtlån
Lead investors
Company
bigakwa.se
Funded company
Classifications
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