KOA Biotech funding news – Barcelona-based KOA Biotech Raises €2Million in Funding

KOA Biotech plans to use the funds to improve its technology, strengthen its market position, and support its growth plans.

Nora Alonso, General Partner of Swanlaab Innvierte Agrifood-Tech, says, “At Swanlaab, we would like to emphasise that KOA’s innovative technology enables the optimisation of natural resource usage, reduces environmental impact, and addresses critical challenges such as production, food security, and climate change. Investing in technological and innovative companies like KOA is key for the development and value creation based on the research conducted in this sector in Spain, as well as a lever for the development and differentiation of the country’s agri-food sector, with a global impact. Additionally, it represents an opportunity to attract foreign investment in this sector, as in the case of KOA, which in this investment round has the participation of two international impact funds, Fund-F and FABER.”

The Spanish company says, “Our solution is based on an innovative hybrid technology that combines living organisms which can detect pathogens of interest, and a micro-electronic interface to transform the signals in an online platform. This information is thresholded to send early warning alerts when a certain pathogen is exceeding its relative abundance.”

About the investors

• Swanlaab Venture Factory is a Spanish VC firm with over 20 years of experience supporting startups in B2B software, biotech, and agrifoodtech. They aim to help Spanish startups succeed globally.
• Fund-F is an early-stage VC investing in gender-diverse founder teams across Europe, providing up to €600K in funding to startups with at least one female co-founder.
• Faber is a Lisbon-based VC firm that invests in early-stage deeptech startups focused on climate action, AI, and digital transformation.

About KOA Biotech

KOA Biotech was founded as a spin-off from Pompeu Fabra University, based on the founder’s doctoral research. The company has created a biosensor system that works as an independent device to detect waterborne infections early. This helps prevent infections from spreading, reduces death rates in fish farms, and lowers the need for antibiotics.

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KOA Biotech aims to improve disease detection and prevention in aquaculture while encouraging sustainable practices. The company combines biotechnology, data engineering, and hardware development in its work.