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
- SectorsConsumerAgriculture
- Website flylabfeed.com
- Social LinkedIn X Facebook Instagram
- Legal Name Fly Lab Tech Co., Ltd.
- Annual Revenue$2.95 K (USD)0as on Dec 31, 2022
- Net Profit-$332.59 K (USD)0as on Dec 31, 2022
- EBITDA-$332.59 K (USD)0as on Dec 31, 2022
- Total Equity Funding$1M (USD)
in 3 rounds
- Latest Funding Round$1M (USD), Seed
Dec 2022
- InvestorsSANYO TRADING
& 2 more
Products & Services of FlyLabFeed
FlyLabFeed offers a comprehensive portfolio of products and services, including FLMeal, FLOil, FLDried, and FLFrass.
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 $1M
- Total Rounds 3
- Last Round Seed — $1M
- Investors Count 3
All 3 funding rounds of FlyLabFeed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $1M | Seed | – | SANYO TRADING | – |
| Jun 2022 | – | Seed | – | Mitsui Sumitomo Insurance Venture Capital | – |
| Nov 2021 | – | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed to late-stage venture capital investments are made in Japan. | – | msivc.co.jp | Tokyo, Japan | |
Glocalink is engaged in venture investment and incubation services. | – | glocalink.com | Tokyo, Japan | |
Diversified conglomerate operating across multiple industries | 1947 | sanyo-trading.co.jp | Osaka, Japan |
Investor details for FlyLabFeed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Timeline of FlyLabFeed
3 dated milestones of FlyLabFeed across 1 years, from founding to its latest funding, stage changes and deals.
- Founded FlyLabFeed is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| protix.eu | 2009 | Dongen, Netherlands | $126.28M | – | Provides insect-based feed for animals and plants to promote sustainable food systems. | |
| grubblyfarms.com | 2015 | Norcross, United States | $13.22M | 1,800 | Larvae are harvested for fertilizer production and animal feed. | |
| innovafeed.com | 2015 | Evry Courcouronnes, France | $479.61M | – | Insect-based aquaculture feeds are developed from cultivated larvae. | |
| nutrition-technologies.com | 2016 | Johor Bahru, Malaysia | $25M | – | Provider of insect-based products for agriculture and livestock | |
| entobel.com | 2013 | Ho Chi Minh, Vietnam | $31.13M | – | Diversified insect-based feed and plant care products are produced. | |
| farminsect.eu | 2017 | Dachau, Germany | $13.69M | – | Automated insect breeding is provided for farmers' animal feed production. | |
| betahatch.com | 2015 | Seattle, United States | $23.9M | 38 | Integrated business for cultivation and processing of mealworm insects to supply poultry & aquaculture feed and an organic fertilizer | |
| bioflytech.com | 2012 | Alicante, Spain | $18.58M | – | Insect-based animal feeds are produced and supplied. | |
| loopworm.in | 2019 | Bengaluru, India | $6.65M | 26 | Insect-based proteins and biomaterials are developed for multiple industries. | |
| arkeon.bio | 2021 | Vienna, Austria | $13.77M | – | Protein ingredients are developed through carbon capture technology. |
Detailed competitors of FlyLabFeed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FlyLabFeed
The website of FlyLabFeed (flylabfeed.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 22.7% vs previous month
Similar companies to FlyLabFeed
10 companies that operate in the same segment as FlyLabFeed (Food Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering refrigerated pet food | 2006 | Secaucus, New Jersey, United States | USD 54 M | USD 1.1 B | 1,300 | |
Biosolutions and enzymes are developed for biotechnology applications across industries. | 2000 | Bags Sword, Denmark | – | – | – | |
Coffee, tea, and extract beverage solutions are provided globally. | 2009 | North Little Rock, Arkansas, United States | USD 17 M | USD 1.19 B | 1,410 | |
Bioproducts are manufactured via tissue engineering and fermentation technologies. | 1919 | Amsterdam, Netherlands | USD 125 M | USD 1.49 B | 2,400 | |
Fruits and vegetables processing services are provided by Sahyadri Farms. | 2011 | Nashik, Maharashtra, India | USD 84.86 M | USD 115.08 M | 2,299 | |
Brand of beverage products | 1995 | Gurugram, Haryana, India | USD 133 M | USD 2.33 B | 12,570 | |
Platform offering cooked-meal delivery service for dogs | 2016 | London, England, United Kingdom | USD 477.37 M | USD 48.04 M | – | |
Multi-category food products are produced and distributed globally. | 1866 | Minneapolis, Minnesota, United States | – | USD 18.42 B | 33,000 | |
Subscription-based pet food is delivered via an online platform. | 2016 | Blairgowrie And Rattray, Perth And Kinross, United Kingdom | USD 18.6 M | – | – | |
Wild Earth is recognized for providing vegan pet food. | 2017 | Berkeley, California, United States | USD 43 M | – | 8 |
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Frequently Asked Questions about FlyLabFeed
FlyLabFeed was founded in 2021.
FlyLabFeed is headquartered in Chiang Mai, Thailand. It is registered at Chiang Mai, Chiang Mai, Thailand.
FlyLabFeed is a funded company, having raised a total of $1M across 3 funding rounds to date.
Annual revenue of FlyLabFeed is $2.95K as on Dec 31, 2022.
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.
FlyLabFeed's top competitors include InnovaFeed, Beta Hatch and Arkeon.
FlyLabFeed offers FLMeal, FLOil, FLDried, and FLFrass.
FlyLabFeed has 3 investors. Key investors include SANYO TRADING, Mitsui Sumitomo Insurance Venture Capital, and Glocalink.
FlyLabFeed operates through Fly Lab Tech Co., Ltd..