Making protein from algae takes NZ startup offshore to Portugal

NBA star Steven Adams (left) and America's Cup luminary Peter Burling are among the backers of Kiwi startup Nutrition From Water. (Image: BusinessDesk)

Garth Bray

Mon, 19 May 2025

Peter Burling has no doubt tasted more than a few mouthfuls of seawater while foiling to victory at the America’s Cup, but those waves may not have struck the helmsman as the source of sports nutrition, or part of a balanced meal, until he lined up with an NBA star to back a venture that wrings protein from microalgae.Houston Rockets centre Steven Adams and sailor Burling are among a pool of backers who’ve invested $5.5 million of seed funding in Nutrition From Water (NXW), which is preparing a series A raise in the second...

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