# Superworm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/superworm

- Industry: Food
- Headquarters: Saito-shi, Japan
- Website: https://superworm.jp
- Total disclosed funding: $0.6M
- Latest round: Seed (Jul 17, 2024)
- Investors on record: 3

## About

Based in Japan, Superworm Inc. operates in the agricultural sector, focusing on developing and providing biologically-based products that promote sustainable practices. Their innovative insect solutions cater to livestock and pet feed requirements.Superworm Inc. is dedicated to the production of live insect products, particularly superworms, which serve as protein sources for livestock and pets. Founded in 2023 in Saito-shi, Japan, the company raised JPY 100 million in Seed funding from Partners Fund and other investors on July 17, 2024, marking a successful initial investment round. The company's founder has a history of entrepreneurial ventures, although specific details about prior companies are not available.Superworm specializes in developing biologically-based products primarily for the agricultural sector. They offer a range of live insect products, with superworms being a key focus, serving as a high-protein feed alternative for livestock and pets. Their clientele includes farmers, pet food manufacturers, and aquaculture producers, with operations extending to North America and parts of Europe. The products aim to meet the increasing demand for sustainable protein sources while reducing environmental impact.Superworm's revenue is generated through direct sales of their insect products, often involving long-term supply agreements with agricultural producers and pet food businesses. Clients utilize superworms as a crucial ingredient, and pricing structures vary based on product volume and type. Demand fluctuations, particularly during peak agricultural seasons, can affect transaction volumes but help maintain strong client relationships, thereby securing a consistent revenue stream centered around superworms.Following their recent funding round, Superworm Inc. plans to utilize the JPY 100 million raised to develop cost-competitive products with significant decarbonization potential derived from superworms. The company aims to expand its market presence, particularly targeting regions in Asia by the end of 2025, while continuing to innovate its product offerings to align with sustainability goals.

## Funding rounds

- Seed, Jul 17, 2024, $0.6M — ANOBAKA, MIRAIDOOR, Partners Fund

## Investors

- ANOBAKA (https://capitalatlas.ai/funds/anobaka) — Seed
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Seed
- Partners Fund (https://capitalatlas.ai/funds/partners-fund) — Seed