Better Origin

Cambridge, United Kingdom Founded: 2019 • Age: 7 yrs
AI-based automated insect farm solution
Annual revenue - Latest available
Total funding $19.5M 6 rounds
Employees 25 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Entomics Biosystems Limited
  • Date of Incorporation 02 Nov, 2015
  • Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, UNITED KINGDOM
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.5 M (USD)

    in 6 rounds

  • Latest Funding Round
    $503.68 K (USD), Series A

    Apr 02, 2024

  • Investors
  • 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.

Product name locked
Category locked
Primary

Nutrient-rich feed from black soldier fly larvae for sustainable agriculture applications.

Product name locked
Category locked
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Insect-based products providing balanced, eco-friendly nutrition for pets.

People of Better Origin

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Julian Day
Chief Financial Officer
People
George Martyn
Business Operations Manager
People
Fotis Fotiadis
Founder & CEO
People
Joshua Cesare Placidi
Senior Machine Learning Engineer

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
VC firm and startup accelerator
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Multistage venture capital investments are focused on technology sectors.
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Venture capital investments are made in European tech startups from day-zero to seed.
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Investor details for Better Origin

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Investments & Acquisitions by Better Origin

Investments
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Investment portfolio details for Better Origin

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Financial Statements - Better Origin

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Detailed financials for Better Origin

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Better Origin Comparisons

Better Origin Primary company
Description
AI-based automated insect farm solution
Location
Cambridge, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
25
As of 2024
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Peer comparison for Better Origin

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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
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Insect-based alternative proteins are developed using kitchen-top worm hives.
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Developer of a containerized system for insect cultivation
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Beneficial insects are produced via an AI-powered rearing system.
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Provider of live insects and breeding systems
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Producer of insect powder products for animal feed
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Detailed competitors of Better Origin

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Latest news on Better Origin

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Complete news archive for Better Origin

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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.

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.

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