iwi produces plant-based omega-3 and protein by cultivating Nannochloropsis algae in large pond systems on non-arable land in the deserts of Texas and New Mexico. The company uses saltwater and solar energy in a process that consumes hundreds of tons of CO2 and yields a proprietary omega-3 product claimed to have the highest absorption on the market as well as a unique protein. iwi sells direct-to-consumer and through retailers including Whole Foods, Sprouts, Vitamin Shoppe, Central Market, Kroger, and Amazon. The company plans to launch a line of protein solutions in 2022. Proceeds from the recent investment will be used to accelerate sales and to ramp development, marketing, and growth of its new protein-based product while entering new international markets. iwi is headquartered in Houston, Texas.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022