Entomics Biosystems

FoodSeries ACambridge, UKbetterorigin.co.uk

Latest round

Series A

Last raised

Apr 2022

Total raised

$20M

Investors

4

About Entomics Biosystems

Founded in 2015 and based in Cambridge, UK, Entomics Biosystems Limited doing business as Better Origin is a biotechnology company that transforms food waste into sustainable resources through insect biomass conversion for the agricultural sector. The company was founded by its CEO Fotis Fotiadis, CSO Miha Pipan and Joe Halstead. In February 2021, Entomics Biosystems Ltd. The company’s product called Better Origin x1 is a bioconversion unit that grows insect-like black soldier fly larvae to convert waste such as excess feedstock or food waste, into insects, rich in proteins and fats. The feedstock is delivered into the unit along with the larvae and they are grown over a 7-14 day period depending on the type of feed required. The company’s artificial intelligence called overmind oversees the feeding and inspection of the larvae’s health and when ready, they are harvested and delivered directly to the animals as food. The Better Origin x1 operates in a plug & play model and can easily be grouped into a larger system. each module can also supply regional processing units, allowing the nutrients from organic matter to be used across the network. Better Origin plans to accelerate its scaling operation and deploy more systems across the UK.

Who invested in Entomics Biosystems

4 investors across 4 rounds

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Funding rounds

  1. Series A

    Apr 7, 2022

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Dec 18, 2020

    Amount

    $2.8M

    Investors

    Locked

  3. Seed

    Mar 28, 2019

    Amount

    $0.9M

    Investors

    Locked

  4. Seed

    Mar 25, 2019

    Amount

    $0.8M

    Investors

    Locked

Questions about Entomics Biosystems

Who invested in Entomics Biosystems?

Entomics Biosystems has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Entomics Biosystems raised?

Entomics Biosystems has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Entomics Biosystems last raise money?

Entomics Biosystems's most recent round on record is a Series A, in Apr 2022.

What does Entomics Biosystems do?

Founded in 2015 and based in Cambridge, UK, Entomics Biosystems Limited doing business as Better Origin is a biotechnology company that transforms food waste into sustainable resources through insect biomass conversion for the agricultural sector.

Where is Entomics Biosystems headquartered?

Entomics Biosystems is headquartered in Cambridge, UK.

Which VCs invest in companies like Entomics Biosystems?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back food companies at Entomics Biosystems's stage. Their profiles are linked below.

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