BugBox

Tartu, Estonia Founded: 2015 • Age: 11 yrs
Producer of insect powder products for animal feed
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Report Incorrect Data
Annual revenue $1,210 Latest available
Total funding - 3 rounds
Employees 1 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About BugBox

BugBox is a company based in Tartu (Estonia) founded in 2015 by Erlend Sild. The company has 1 employees as of September 30, 2024. BugBox offers products and services including Insect Farming Technology, AI-powered Software, and Protein Powder. BugBox operates in a competitive market with competitors including Better Origin, Livin Farms, EntoCube, Bug Factory and Fair Insects, among others.

  • Headquarter Tartu, Estonia
  • Employees 1 as on 30 Sep, 2024
  • Founders Erlend Sild
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bugbox Ltd.
Operational Areas
Agriculture → Agricultural Technology & Innovation → →
Key Metrics
  • Annual Revenue
    $1.21 K (USD)
    -75
    as on Dec 31, 2023
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $55.5 K (USD), Grant

    May 31, 2020

  • Investors
    European Union

    & 1 more

  • Employee Count
    1

    as on Sep 30, 2024

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Products & Services of BugBox

BugBox offers a comprehensive portfolio of products and services, including Insect Farming Technology, AI-powered Software, and Protein Powder.

Primary

Modular system for automated insect rearing and sustainable protein production

AI tool for optimizing insect farming efficiency and data analysis

High-quality insect-based powder for use in various industries

Funding Insights of BugBox

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $55,502
  • First Round

    (01 Aug 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Grant - BugBox Valuation

investors
EIC Fund
Dec, 2019 Amount Grant - BugBox Valuation

investors
European Union
Aug, 2019 Amount Grant - BugBox Valuation

investors
European Union

Investors in BugBox

BugBox has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
EIC Fund
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
European Union
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location

Investments & Acquisitions by BugBox

Investments

Financial Statements - BugBox

Bugbox Comparisons

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Competitors of BugBox

BugBox 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 Better Origin, Livin Farms, EntoCube, Bug Factory and Fair Insects, among others.

Company Name Domain Founded year HQ Location Description
Better Origin
domain founded_year HQ Location
AI-based automated insect farm solution
Livin Farms
domain founded_year HQ Location
Insect-based alternative proteins are developed using kitchen-top worm hives.
EntoCube
domain founded_year HQ Location
Developer of a containerized system for insect cultivation
Bug Factory
domain founded_year HQ Location
Provider of live insects and breeding systems
Fair Insects
domain founded_year HQ Location
Breeds and produces mealworm cricket and locusts

Latest news on Bugbox

Frequently Asked Questions about BugBox

BugBox was founded in 2015 and raised its 1st funding round 4 years after it was founded.

BugBox is headquartered in Tartu, Estonia.

Erlend Sild is the current CEO of BugBox. They have also founded this company.

As of Sep 30, 2024, the latest employee count at BugBox is 1.

Annual revenue of BugBox is $1.21K as on Dec 31, 2023.

BugBox was founded in 2015 in Tartu, Estonia, and operates within the sustainable agriculture sector. Insect-based protein powder is manufactured as an ecological alternative to traditional animal proteins for animal feed. Operations rely on proprietary technology, including AI-driven software, to optimize insect farming processes and enhance decision-making. The focus remains on high-quality, environmentally friendly production methods.

BugBox's top competitors include Better Origin, EntoCube and Livin Farms.

BugBox offers Insect Farming Technology, AI-powered Software, and Protein Powder.

BugBox has 2 investors. Key investors include European Union, and EIC Fund.

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