# Akua funding: rounds and investors > Akua has raised $16M across 5 rounds since 2017. Investors include Plug and Play, Flourish Ventures and Cathay Innovation. Every round with its source. Source: https://millionrounds.com/company/akua (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Akua* 5 rounds we have observed, with the 21 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. B2B Fintech Follow Akua and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fakua) Funding summary Updated 5 Nov 2026 **$16M** raised across 5 rounds since 2017, from 5 sources **$3.0M** Seed **$286K** Crowdfunding **$4.3M** Seed **$8.5M** Seed - **Latest round:** Seed, $8.5M Oct 2025 - **Led by:** Flourish Ventures and Cathay Innovation - **Step-up i:** 2× - **Investors:** 21 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2017 2019 2021 2023 2025 **$3.0M** Seed **?** Venture **$286K** Crowdfunding **$4.3M** Seed **$8.5M** Seed - **First round:** Seed, $3.0M - **Biggest round:** $8.5M - **Usual gap between rounds:** 2.7 years ## The rounds - **Oct 2025** Seed **$8.5M** *8 new* *1 returning* [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) Lead [Cathay Innovation](https://millionrounds.com/fund/cathay-latam) Lead [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Atlantic](https://millionrounds.com/fund/atlantic) [Honey Island](https://millionrounds.com/fund/honey-island) [Atlantico](https://millionrounds.com/fund/atlantico) [Krealo](https://millionrounds.com/fund/krealo) [Simma Capital](https://millionrounds.com/fund/simma-capital) [4um Investimentos](https://millionrounds.com/fund/4um-investimentos) Reported by LatamList - **Oct 2024** Seed **$4.3M** *6 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures) [Propel Capital](https://millionrounds.com/fund/propel-2) [Rally Cap VC](https://millionrounds.com/fund/rally-cap) [HTwenty](https://millionrounds.com/fund/htwenty-capital) [ICVentures](https://millionrounds.com/fund/icventures) Reported by LatamList - **Oct 2023** Crowdfunding **$286K** *3 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Republic](https://millionrounds.com/fund/republic-2) [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) Source recorded - **Jan 2020** Venture **Amount undisclosed** *2 new* [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Momenta](https://millionrounds.com/fund/momenta) Source recorded - **May 2017** Seed **$3.0M** *2 new* Crosslink Capital/ Talis Enterprise Security Syndicate Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2017 **Venture** 2020 **Crowdfunding** 2023 **Seed** 2024 **Seed** 2025 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) L [Cathay Innovation](https://millionrounds.com/fund/cathay-latam) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Republic](https://millionrounds.com/fund/republic-2) [Atlantic](https://millionrounds.com/fund/atlantic) [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) [Momenta](https://millionrounds.com/fund/momenta) [Honey Island](https://millionrounds.com/fund/honey-island) ## Everyone who backed them [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round, led 1 [Cathay Innovation](https://millionrounds.com/fund/cathay-latam) VC firm **1** round, led 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **1** round [Republic](https://millionrounds.com/fund/republic-2) VC firm **1** round [Atlantic](https://millionrounds.com/fund/atlantic) Private equity **1** round [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) VC firm **1** round [Momenta](https://millionrounds.com/fund/momenta) VC firm **1** round [Honey Island](https://millionrounds.com/fund/honey-island) VC firm **1** round [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures) VC firm **1** round [Propel Capital](https://millionrounds.com/fund/propel-2) VC firm **1** round [Atlantico](https://millionrounds.com/fund/atlantico) VC firm **1** round [Rally Cap VC](https://millionrounds.com/fund/rally-cap) VC firm **1** round [Krealo](https://millionrounds.com/fund/krealo) Corporate VC **1** round [HTwenty](https://millionrounds.com/fund/htwenty-capital) VC firm **1** round [Simma Capital](https://millionrounds.com/fund/simma-capital) Private equity **1** round [4um Investimentos](https://millionrounds.com/fund/4um-investimentos) Private equity **1** round [ICVentures](https://millionrounds.com/fund/icventures) VC firm **1** round Crosslink Capital/ Talis no record of our own yet **1** round Enterprise Security Syndicate no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=akua). ## Also claim to have backed them These 2 firms list Akua as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Propel Venture Partners](https://millionrounds.com/fund/propel-venture-partners) VC firm Per its own site [Dragones Venture Partners](https://millionrounds.com/fund/dragones-venture-partners) VC firm Per its own site ## Quick answers about Akua ### Who invested in Akua? Akua's investors include Plug and Play, Flourish Ventures, Cathay Innovation, Alumni Ventures and Crosslink Capital, and 16 more on record. Flourish Ventures led its latest round. ### How much has Akua raised? Akua has raised $16M across 5 rounds since 2017. One round did not disclose an amount, so the total is a floor. ### When did Akua last raise? Akua's most recent round was a Seed of $8.5M in Oct 2025, led by Flourish Ventures. ### What was Akua's biggest round? Its most recent round, $8.5M in Oct 2025, is also its largest on record. ### Who backed Akua first? Akua's first round on record, in May 2017, was backed by Crosslink Capital/ Talis and Enterprise Security Syndicate. ### What stage is Akua at? Akua's latest named round is a Seed, in Oct 2025. ### Where is Akua based? Akua is based in the United States. ### Who led Akua's rounds? Flourish Ventures led the Seed in 2025. ## Companies like Akua In the same sector, and raised in the last eighteen months. 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