About Aqua Spark
Aqua Spark is a venture capital firm founded in 2013. It is primarily based out of Utrecht, Netherlands. As of May 2025, Aqua Spark has invested in 29 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to High Tech and Enterprise Applications. Most recently it participated in the €***** Conventional Debt round of Ace Aquatec Overall, Aqua Spark portfolio has seen 1 unicorn and 1 IPO, namely eFishery and Hofseth BioCare. A lot of funds co-invest with Aqua Spark, with names like Silverstrand sharing a substantial percentage of its portfolio. Aqua Spark has team of 13 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Aqua Spark's List of Top Investments
Aqua Spark has a portfolio of 29 companies, one of which is a Unicorn. Their most notable investments are in Shiok Meats and Ecto.Their portfolio spans across United States, Israel, Norway and 12 more locations. They have invested in Food and Agriculture Tech, High Tech, Enterprise Applications and 10 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Aqua Spark:1. Sea6
Manufacturer of seaweed biomass products for agriculture and industrial applications. Technologies enable mechanized ocean farming to cultivate red sea plants as feedstock. Processes convert this biomass into organic fertilizers, biostimulants, animal feed additives, food ingredients, and renewable chemical materials. Production operations emphasize carbon negative feedstock sourcing and sustainable cultivation methods.
Key facts about Sea6
- Founded Year: 2010
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $45.7M
- Employee Count: 128 as on Aug 31, 2025
- Investors: BASF, Twin Towers Ventures and 22 Others
- Latest Funding Round: Series B, Jul 14, 2026, $*****
- Highlight: Editors' Pick
2. Enifer
Sustainable mycoprotein ingredients for food, aquafeed, and pet food applications. This biotech company upcycles agri-food byproducts into planet-friendly mycoprotein using fungal fermentation. They offer PEKILO® products, a versatile and nutritious protein source with neutral taste and color, ideal as a drop-in ingredient. Their products include PEKILO® for food, PEKILO®Aqua for sustainable aquaculture, and PEKILO®Pet for planet-friendly pet food. The company focuses on sustainability, reducing GHG emissions, and minimizing water and land use. They are committed to making planet-friendly protein accessible throughout the food chain, offering a sustainable alternative to animal and soy protein. They are open for partnerships and discussions with investors and media.
Key facts about Enifer
Developer of plant-based ingredients for aquafeeds, food, and personal care. The company has developed algae-based renewable biofuels that cater to the following markets - Skin and Personal Care, Specialty Chemicals, Wastewater Treatment with CO2 Capture, and Aquaculture and Animal Nutrition.
Key facts about Kuehnle AgroSystems
- Founded Year: 2007
- Location: United States
- Stage: Series B
- Total Funding till date: $8.2M
- Employee Count: 18 as on Aug 31, 2026
- Investors: S2G Investments, Cavallo Ventures and 6 Others
- Latest Funding Round: Series B, Jun 25, 2026, $*****
- Highlight: Editors' Pick
4. eFishery
Provider of technology solutions for sustainable aquaculture. It offers innovative products and services to support sustainable fish and shrimp farming practices. The company utilizes IoT-enabled devices and a smartphone app to automate and streamline the feeding process for farmers, enhancing efficiency and productivity.
Key facts about eFishery
5. Ace Aquatec
Ace Aquatec provides acoustic marine mammal deterrents and humane electrical fish stunning equipment. The company develops an acoustic predator deterrent using transducer technology. The product portfolio of the company includes predator control, electric stunning, biomass measurement, ea lice removal, etc. It uses the time-of-flight 3D cameras to develop equipment biomass measurement to measure the biomass of fish.
Key facts about Ace Aquatec
- Founded Year: 2007
- Location: Dundee (United Kingdom)
- Stage: Series A
- Total Funding till date: $12.4M
- Employee Count: 66 as on Aug 31, 2026
- Investors: EIC Fund, Scottish Enterprise and 9 Others
- Latest Funding Round: Series A, May 01, 2025, $*****
- Highlight: Editors' Pick
Aqua Spark's Year-on-Year Investment Trends
Aqua Spark has invested in 29 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Aquarech and most recent follow-on round was in Ace Aquatec.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 2 | 2 |
2024 | 0 | 0 | 0 |
2023 | 4 | 2 | 6 |
2022 | 3 | 3 | 6 |
2021 | 3 | 6 | 9 |
2020 | 2 | 1 | 3 |
2019 | 4 | 0 | 4 |
2018 | 2 | 1 | 3 |
2017 | 3 | 2 | 5 |
Aqua Spark's Investments by Stage
Aqua Spark has made 13 investments in Series A stage with an average round size of $6.82M, 8 investments in Seed stage with an average round size of $3.09M and 3 investments in Series B stage with an average round size of $8.66M.Stage of entry | No. of Investments |
|---|---|
Series A | 13 |
Seed | 8 |
Series B | 3 |
Post IPO | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Aqua Spark's Investments by Sector
Aqua Spark has a diverse portfolio, with companies operating in the Food and Agriculture Tech, High Tech, Sustainability Tech, Enterprise Applications and Consumer. Notably, it has invested in 21 Enterprise (B2B) companies, 21 Tech companies, 6 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 18 |
High Tech | 7 |
Sustainability Tech | 6 |
Enterprise Applications | 5 |
Consumer | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Aqua Spark's Investments by Geography
Aqua Spark has made most investments in United States (5), followed by Norway where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 5 |
Norway | 3 |
Israel | 2 |
Sweden | 2 |
Brazil | 1 |
Others | 14 |
Note: We have considered here, only first round of investments
Aqua Spark's recent investments
Aqua Spark has not made any investment in 2026 so far.Here are the most recent investments by Aqua Spark:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 01, 2025 | United Kingdom | Conventional Debt | 1378 | [+1] | |
May 01, 2025 | United Kingdom | Series A | 5099 | [+1] | |
Nov 23, 2023 | Kenya | Seed | 7281 | [+2] | |
Oct 09, 2023 | Israel | Seed | 4242 | [+3] | |
Jul 12, 2023 | India | Series B | 4562 | [+3] |
Unicorns in Aqua Spark's Portfolio
Aqua Spark has 1 unicorn in its portfolio - eFishery. The most recent unicorn in their portfolio is eFishery which became a unicorn in 2023, 7 years after Aqua Spark first invested in it.Here is a list of unicorns in Aqua Spark's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of technology solutions for sustainable aquaculture | 2013 | Bandung | Series D | {bxgtde |
IPOs and Publicly Listed companies in Aqua Spark's Portfolio
1 of Aqua Spark's portfolio company became public - Hofseth BioCare. It got listed on the Nordic and Baltic regions (NASDAQ OMX), in Nov 2006.Here are Aqua Spark's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 22, 2006 | Nov 04, 2021 | Post IPO | 6721 |
Team profile of Aqua Spark
Aqua Spark has a team of 13 members including 7 Partners located in Netherlands, United Kingdom and 1 more location. Aqua Spark's team does not sit on the board of any company as of now.Here is a list of top team members in Aqua Spark:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Utrecht | - | ||
Partner | Utrecht | - | ||
Partner | London | - | ||
Partner | Randstad | - | ||
Partner | - | - | - | |
Partner | Borough Green | - | - | |
Partner | Melbourne | - |
Co-investors of Aqua Spark
Over the past 11 years, 160 investors have co-invested in Aqua Spark's portfolio companies. This includes funds and angels.
- Invested before Aqua Spark: Europa, National Science Foundation and 41 others have invested in rounds before Aqua Spark. There are 3 companies where Europa has invested before Aqua Spark and 2 companies where National Science Foundation has invested before Aqua Spark.
- Top Co-investors of Aqua Spark: 38 investors entered a company along with Aqua Spark. These include investors like Silverstrand (1 company).
- Invested after Aqua Spark: A total of 79 investors have invested in Aqua Spark's portfolio after their investments. Top Investors include Temasek (2 companies), Seventure Partners (2 companies) and BASF (1 company).
Recent News related to Aqua Spark
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Ace Aquatec Raises £10M in FundingFinSMEs•May 05, 2025•Ace Aquatec, Stolt-Nielsen, Scottish Enterprise, Aqua Spark
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Portuguese bivalve group closes $18 million funding roundIntrafish•Jul 25, 2024•Oceano Fresco, Indico Capital Partners, BlueCrow, Aqua Spark and 2 others
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Enifer receives $13 million grant to construct sustainable protein facilityPet Food Processing•Jan 12, 2024•Enifer, Finpro, Europa, Aqua Spark and 4 others
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Aqua-Spark secures US$16M boost from German Ministry to enhance aquaculture in AfricaFood Business Africa•Dec 18, 2023•Aqua Spark, Bmz, KFW
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Kenyan fish farming startup Aquarech raises $1.7m fundingDisrupt Africa•Nov 23, 2023•Aquarech, Aqua Spark, Acumen, Katapult and 2 others
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Wanda Fish to accelerate pilot production of cultivated bluefin tuna after raising $7 million in seed fundingnutritionaloutlook.com•Nov 03, 2023•Wanda Fish, Aqua Spark, Strauss Group, Peregrine Ventures and 3 others
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Wanda Fish Raises USD $7M in Seed FundingFinSMEs•Oct 09, 2023•MoreVC, CPT Capital, PICO Partners, Peregrine Ventures and 4 others
