Cogastro, UAB
Latest round
- Seed
Last raised
- Oct 2021
Total raised
- $0.6M
Investors
- 2
About Cogastro, UAB
Founded in 2017 in Lithuania, Cogastro, UAB develops software that facilitates insect production management.Cogastro specializes in providing advanced software solutions designed specifically for the insect farming industry. Their primary product is a robust SaaS-based platform that streamlines the management of insect production, optimizes feed conversion rates, and ensures full-cycle traceability for compliance with regulatory standards. The software integrates seamlessly with external devices, capturing essential production data, which is then processed and analyzed to enhance operational efficiency. Cogastro caters to a diverse client base that includes companies like Tebrito AB and Biokonversija, UAB, along with various insect farms across Europe and North America.In 2022, Cogastro reported a revenue of EUR 75,942 and an EBITDA of EUR -436,436. Cogastro's business model revolves around a subscription-based service structure, allowing clients to access its software solutions on an ongoing basis. Clients, primarily insect farming companies, enter into agreements that may include different tiers of service based on their production needs and scale of operations. The revenue generated from these subscriptions reflects the value provided through enhanced production monitoring, actionable insights, and compliance support. The company is targeting market entry into the United States of America and Asia by enhancing its product offerings and establishing partnerships in these regions.
Who invested in Cogastro, UAB
2 investors across 1 round
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Funding rounds
Seed
Oct 27, 2021
Amount
$0.6M
Investors
Questions about Cogastro, UAB
Who invested in Cogastro, UAB?
Cogastro, UAB has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cogastro, UAB raised?
Cogastro, UAB has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cogastro, UAB last raise money?
Cogastro, UAB's most recent round on record is a Seed, in Oct 2021.
What does Cogastro, UAB do?
Founded in 2017 in Lithuania, Cogastro, UAB develops software that facilitates insect production management.
Where is Cogastro, UAB headquartered?
Cogastro, UAB is headquartered in Lithuania.
Which VCs invest in companies like Cogastro, UAB?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Cogastro, UAB's stage. Their profiles are linked below.
VCs backing software startups at Seed
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