Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round

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Loopworm, a biomanufacturing company developing insect-derived proteins, has raised $3.25 million in a pre-Series A funding round. The round was co-led by WaterBridge Ventures, an existing investor, and ENRISSION INDIA CAPITAL, a Japanese venture capital firm.

The Bengaluru-based company had previously raised $3.4 million in a seed funding round led by Omnivore and others.

The proceeds will be allocated towards commercializing its…



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Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round


Loopworm, a biomanufacturing company developing insect-derived proteins, has raised $3.25 million in a pre-Series A funding round. The round was co-led by WaterBridge Ventures, an existing investor, and ENRISSION INDIA CAPITAL, a Japanese venture capital firm.

The Bengaluru-based company had previously raised $3.4 million in a seed funding round led by Omnivore and others.

The proceeds will be allocated towards commercializing its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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