About Better Origin
Better Origin is a company based in Cambridge (United Kingdom) founded in 2019 by Fotis Fotiadis and Miha Pipan. Better Origin has raised $19.5 million across 6 funding rounds from investors including UK Research and Innovation, European Union and Balderton Capital. The company has 25 employees as of March 31, 2024. Better Origin offers products and services including Insect Products and Pet Food Range. Better Origin operates in a competitive market with competitors including Livin Farms, EntoCube, Omma, Bug Factory and BugBox, among others.
- Headquarter Cambridge, United Kingdom
- Employees 25 as on 31 Mar, 2024
- Founders Fotis Fotiadis, Miha Pipan
- Stage Minicorn
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Entomics Biosystems Limited
- Date of Incorporation 02 Nov, 2015
- Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.5 M (USD)
in 6 rounds
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Latest Funding Round
$503.68 K (USD), Series A
Apr 02, 2024
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Investors
UK Research and Innovation
& 6 more
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Employee Count
25
as on Mar 31, 2024
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Products & Services of Better Origin
Better Origin offers a comprehensive portfolio of products and services, including Insect Products and Pet Food Range.
Nutrient-rich feed from black soldier fly larvae for sustainable agriculture applications.
Insect-based products providing balanced, eco-friendly nutrition for pets.
People of Better Origin
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Funding Insights of Better Origin
Better Origin has successfully raised a total of $19.5M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $503.68 thousand completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $503,680
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First Round
First Round
(01 May 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Better Origin | Valuation |
investors |
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| Mar, 2022 | Amount | Series A - Better Origin | Valuation | Balderton Capital | |
| Oct, 2020 | Amount | Seed - Better Origin | Valuation | Fly Ventures |
Investors in Better Origin
Better Origin has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include UK Research and Innovation, European Union and Balderton Capital.
| Investor | Description | Founded Year | Domain | Location |
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VC firm and startup accelerator
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Founded Year | Domain | Location | |
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are made in European tech startups from day-zero to seed.
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Founded Year | Domain | Location |
Investments & Acquisitions by Better Origin
Financial Statements - Better Origin
Better Origin Comparisons
Competitors of Better Origin
Better Origin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Livin Farms, EntoCube, Omma, Bug Factory and BugBox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Insect-based alternative proteins are developed using kitchen-top worm hives.
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| domain | founded_year | HQ Location |
Developer of a containerized system for insect cultivation
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| domain | founded_year | HQ Location |
Beneficial insects are produced via an AI-powered rearing system.
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| domain | founded_year | HQ Location |
Provider of live insects and breeding systems
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| domain | founded_year | HQ Location |
Producer of insect powder products for animal feed
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Latest news on Better Origin
Frequently Asked Questions about Better Origin
Better Origin was founded in 2019.
Better Origin is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Fotis Fotiadis is the current CEO of Better Origin. They have also founded this company.
Better Origin is a funded company, having raised a total of $19.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 01, 2017.
As of Mar 31, 2024, the latest employee count at Better Origin is 25.
Better Origin was founded in 2019 in Cambridge, United Kingdom, within the agritech sector. An automated insect farming platform is operated, where insects process agricultural residue and industrial food waste into animal feed. AI technologies are integrated to enhance operational precision, including remote monitoring and control of farming systems across various sites.
Better Origin's top competitors include EntoCube, Livin Farms and Omma.
Better Origin offers Insect Products and Pet Food Range.
Better Origin has 7 investors. Key investors include UK Research and Innovation, European Union, Balderton Capital, Metavallon, and Fly Ventures.
The valuation of Better Origin is $53.7M as of Apr 2024.