About FlyLabFeed
FlyLabFeed is a company based in Chiang Mai (Thailand) founded in 2021.. FlyLabFeed has raised $1 million across 3 funding rounds from investors including SANYO TRADING, Mitsui Sumitomo Insurance Venture Capital and Glocalink. FlyLabFeed offers products and services including FLMeal, FLOil, FLDried, and FLFrass. FlyLabFeed operates in a competitive market with competitors including Protix, Grubbly Farms, InnovaFeed, Nutrition Technologies and Entobel, among others.
- Headquarter Chiang Mai, Thailand
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Sectors
ConsumerAgriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fly Lab Tech Co., Ltd.
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Annual Revenue
$2.95 K (USD)0as on Dec 31, 2022
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Net Profit
$-332.59 K (USD)0as on Dec 31, 2022
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EBITDA
$-332.59 K (USD)0as on Dec 31, 2022
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Total Equity Funding
$1 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Dec 16, 2022
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Investors
SANYO TRADING
& 2 more
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Employee Count
Employee Count
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Products & Services of FlyLabFeed
FlyLabFeed offers a comprehensive portfolio of products and services, including FLMeal, FLOil, FLDried, and FLFrass. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-protein meal from black soldier flies for animal nutrition
Oil from flies enhancing animal health and growth
Dried larvae as feed supplement for animals
Insect manure for organic plant fertilization
Funding Insights of FlyLabFeed
FlyLabFeed has successfully raised a total of $1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in December 2022. 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 3
- Last Round Seed — $1.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - FlyLabFeed | Valuation | SANYO TRADING |
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| Jun, 2022 | Amount | Seed - FlyLabFeed | Valuation | Mitsui Sumitomo Insurance Venture Capital |
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| Nov, 2021 | Amount | Seed - FlyLabFeed | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FlyLabFeed
FlyLabFeed has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SANYO TRADING, Mitsui Sumitomo Insurance Venture Capital and Glocalink. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed to late-stage venture capital investments are made in Japan.
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Founded Year | Domain | Location | |
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Glocalink is engaged in venture investment and incubation services.
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Founded Year | Domain | Location | |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FlyLabFeed
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FlyLabFeed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flylabfeed Comparisons
Competitors of FlyLabFeed
FlyLabFeed 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 Protix, Grubbly Farms, InnovaFeed, Nutrition Technologies and Entobel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides insect-based feed for animals and plants to promote sustainable food systems.
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| domain | founded_year | HQ Location |
Larvae are harvested for fertilizer production and animal feed.
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| domain | founded_year | HQ Location |
Insect-based aquaculture feeds are developed from cultivated larvae.
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| domain | founded_year | HQ Location |
Provider of insect-based products for agriculture and livestock
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| domain | founded_year | HQ Location |
Diversified insect-based feed and plant care products are produced.
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| domain | founded_year | HQ Location |
Automated insect breeding is provided for farmers' animal feed production.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FlyLabFeed
When was FlyLabFeed founded?
FlyLabFeed was founded in 2021.
Where is FlyLabFeed located?
FlyLabFeed is headquartered in Chiang Mai, Thailand. It is registered at Chiang Mai, Chiang Mai, Thailand.
Is FlyLabFeed a funded company?
FlyLabFeed is a funded company, having raised a total of $1M across 3 funding rounds to date.
What is the annual revenue of FlyLabFeed?
Annual revenue of FlyLabFeed is $2.95K as on Dec 31, 2022.
What does FlyLabFeed do?
FlyLabFeed was founded in 2021 in Chiang Mai, Thailand, within the agricultural biotechnology sector. Black soldier flies are utilized to process agricultural byproducts into high-protein feed for fish, poultry, and pigs, as well as nutrient-rich manure for plant fertilizers. Oil rich in omegas and lauric acid is extracted from the larvae during defatting, supporting sustainable feed formulations and soil enhancement operations.
Who are the top competitors of FlyLabFeed?
FlyLabFeed's top competitors include InnovaFeed, Beta Hatch and Arkeon.
What products or services does FlyLabFeed offer?
FlyLabFeed offers FLMeal, FLOil, FLDried, and FLFrass.
Who are FlyLabFeed's investors?
FlyLabFeed has 3 investors. Key investors include SANYO TRADING, Mitsui Sumitomo Insurance Venture Capital, and Glocalink.