Meat-alt company making plant-based foods from regenerative aquaculture
Valuation cap โ
$16.0M
As of Oct 2023 ยท from AKUA Crowd SAFE 2 ยท a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,346,966
Across 2 rounds since 2020
Financials
FY2018โFY2023 ยท from SEC filings ยท hover any figure for its source
$276
โ$132K
2018
$144K
โ$210K
2019
$210K
โ$163K
2020
$454K
โ$1.1M
2021
$454K
โ$1.1M
2022
$509K
โ$2.1M
2023
RevenueNet income โ beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$276
$143,559
$210,048
$454,447
$454,447
$508,885
Cost of goods sold
$0
$81,040
$118,729
$296,245
$296,245
$275,700
Gross margin
100%
44%
43%
35%
35%
46%
Net income
-$131,872
-$210,147
-$162,978
-$1,089,289
-$1,089,289
-$2,100,750
Taxes paid
$0
$0
$0
$622
$622
$1,141
Balance sheet
Cash
$437,071
$98,111
$207,668
$3,549,911
$3,549,911
$1,399,433
Accounts receivable
$0
$790
$16,795
$10,264
$10,264
$60,536
Total assets
$500,390
$261,531
$567,385
$4,004,939
$4,004,939
$1,887,498
Short-term debt
$468,553
$29,475
$45,211
$0
$0
$84,673
Long-term debt
$145,000
$555,366
$795,366
$0
$0
$0
Total liabilities
$613,553
$584,841
$840,577
$0
$0
$84,673
Other
Headcount
โ
3
2
2
2
4
Figures as reported by the issuer in the filing shown on hover. Each yearโs pill shows the assurance level of its filed statements โ audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didnโt state one. Headcount is the filingโs point-in-time count, not a year-end average. Manually corrected figures are marked โCorrectedโ.
A dashed amber step is a SAFE/note valuation cap โ a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
About this data. Figures are compiled from public sources โ SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages โ and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.