Scott’s College Boy Steven Adams Backs Biotech Startup Turning Algae into Protein

New Zealand NBA star Steven Adams has joined forces with Olympic sailor Peter Burling to invest in Nutrition from Water™ (NXW), a biotech startup revolutionizing sustainable nutrition by producing protein from microalgae.

From Wellington to the World: Adams’ New Venture

Steven Adams, an alumnus of Scott’s College in Wellington and current center for the Houston Rockets, is expanding his portfolio beyond basketball. Alongside Peter Burling, he has invested in NXW, a company pioneering the development of Marine Whey™—a high-protein, allergen-free, and vegan alternative to traditional whey protein, derived from microalgae.

What Is Marine Whey™?

Marine Whey™ is NXW’s flagship product, offering a complete amino acid profile comparable to dairy whey but with a significantly smaller environmental footprint. Produced through fermentation of microalgae sourced from pristine waters, this innovative protein is non-GMO, allergen-free, and boasts high digestibility. Its neutral taste and versatility make it suitable for various applications, from sports nutrition to everyday food products.

Scaling Up: From New Zealand to Global Markets

Founded in 2020, NXW has secured $5.5 million in seed funding and is preparing for a Series A raise. The company is scaling up production with a manufacturing facility in Portugal capable of producing up to 100 metric tons of Marine Whey™ annually. Strategic partnerships have been established in Japan and Europe to facilitate market entry.

Why Microalgae?

Microalgae are a sustainable and efficient protein source, requiring less land and water than traditional agriculture. They can double in biomass within two days, enabling rapid and scalable production. NXW’s approach utilizes non-extractive marine science, preserving biodiversity while delivering high-quality nutrition.

A New Frontier in Nutrition

With backing from high-profile athletes and a commitment to sustainability, NXW is poised to redefine the protein industry. Marine Whey™ offers a promising solution to global nutrition challenges, combining environmental responsibility with nutritional excellence.