Aquagga, Inc.

Aquagga, Inc.

Ending toxic PFAS 'forever chemicals' in water

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Security Type
Sustainability, Technology, Financial Services, Education
Min Investment
Tacoma, WA
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

♻️ $80B addressable market for PFAS in the US by 2025
🦓 10 employees (6 full-time) & pilot system currently operational in Tacoma, WA
🪙 Awarded $3.57M to date in contracts, grants, and awards
🪴Raised over $600K from private angel funding
🤩 $700K Revenue in 2022, Secured >$2M Revenue for 2023

Management Team / Advisory Board Bios

Nigel Sharp Co-Founder & CEOSerial entrepreneur, technologist, and Techstars Alum, Nigel Sharp has held successive Entrepreneur in Residence roles at the University of Colorado Boulder, and the University of Alaska and co-founded 3 venture-backed startups., Chris Woodruff Co-Founder & COOChris Woodruff has a wide breadth of engineering experience spanning the aerospace, consumer electronics, and construction industries. His volunteering with Engineers Without Borders piqued his interest in social and environmental impact projects., Brian Pinkard Co-Founder & CTODr. Brian Pinkard has previously spearheaded efforts at the University of Washington to develop mobile hydrothermal systems for the destruction of bulk chemical weapon stockpiles., Michaela Isaacs Marketing Project ManagerMichaela Isaacs is a current student at the Foster School of Business at the University of Washington, studying Marketing and Information Systems. This is the 4th startup Michaela has worked for, and she volunteers for UW's Entrepreneurship Program., Mike Czerski Senior Mechanical EngineerMike Czerski has worked on a wide variety of projects ranging from football helmet design to the design of an experimental combustion reactor. He adds a solid background of product development, test procedure design, and hands-on experience., Alex de Marne Head of New Product EngineeringAlex de Marne has a diverse set of engineering knowledge and experience, including detail part and large assembly design, electro-mechanical system design, and control design. At Boeing, he worked on manufacturing optimization and engineering testing., Ariella Halevi Mechanical Design EngineerAriella Halevi is a Solidworks master, has experience with consumer product design and completed an AmeriCorps service term. Furthermore, she is adept at thinking about how Aquagga develops its "Zebra" ethos., Cody Thomsen Mechanical EngineerCody Thomsen is a recent graduate from the University of Washington Mechanical Engineering program, currently working to complete his Master's in Mechanical Engineering while supporting Aquagga's product development efforts., Saoirse Freyholtz Social Media Communications SpecialistSaoirse Freyholtz has helped hit rock bands make it to the top of the UK charts with a broad set of marketing and design skills. Passionate about making an impact and actively connected to the co-working community in Tacoma, WA., Tania Malik Digital Marketing SpecialistTania Malik is a VP of Marketing for the University of Washington's Professional Fraternity, with a long standing interest in issues around water and environmental justice.
Amount Raised : $328,050
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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