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§ Private Profile · Torrance, CA, USA
Biotech company developing proprietary seaweed processing technologies for healthful food, medical, and sustainable materials for consumers.
Founded in September 2019 by Chief Executive Officer Alissa Miky and guided by executives from The Wonderful Company, Aqua Theon develops proprietary seaweed processing technologies in Hermosa Beach to create food products, medical capsules, and sustainable plastic alternatives. The biotechnology enterprise leverages Japanese seaweed expertise and additive-free flavor adjustments to manufacture dairy-free consumer goods alongside innovative blue carbon solutions. Aqua Theon has raised a total of $5,260,000 in funding, highlighted by a recent $3,700,000 Seed VC-II round secured to expand its global retail distribution channels and reach health-conscious consumers. Over the past four years, the firm co-developed its proprietary heat treatment technology for mass production alongside original equipment manufacturers and Japanese laboratories. Originally operating as Cashi Cake, the company continues to scale its commercial operations and promote healthful products that enrich people and the earth.
Aqua Theon has raised $1.3B across 1 funding round.
Aqua Theon has raised $1.3B in total across 1 funding round.
Aqua Theon has raised $1.3B in total across 1 funding round.
Aqua Theon's investors include SPARX Asset Management, Beyond Next Ventures, World Innovation Lab.
Aqua Theon has raised $1.3B across 1 funding round. Most recently, it raised $1.3B Seed in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 18, 2026 | $1.3B Seed | Sparx Asset Management | Beyond Next Ventures, World Innovation LAB | Announced |