What is Beta Hatch?
Beta Hatch is at the forefront of sustainable food solutions, leveraging insect farming to create high-performance nutrients. The company specializes in converting mealworms into valuable components for animal feed and crop fertilizers. Their product line includes whole mealworms, protein meal, and mealworm oil, catering to the agricultural and pet food industries. By transforming insect byproducts into essential nutrients and soil enhancers, Beta Hatch addresses the global demand for sustainable food sources and promotes enhanced soil health through its frass fertilizer.
How much funding has Beta Hatch raised?
Beta Hatch has raised a total of $26.1M across 5 funding rounds:
Angel/Seed
$1.6M
Angel/Seed
$2.1M
Debt
$150K
Series A
$12.3M
Unspecified
$10M
Angel/Seed (2018): $1.6M with participation from E8 Angels
Angel/Seed (2018): $2.1M led by Wilbur-Ellis
Debt (2020): $150K supported by PPP
Series A (2020): $12.3M featuring Cavallor Ventures, Innova Memphis, AccelR8, SeaAhead, Brighton Jones Investments, and Klein Private Equity Investment
Unspecified (2021): $10M backed by Lewis & Clark AgriFood Fund II, Cavallo Ventures, and Innova Memphis
Key Investors in Beta Hatch
Lewis & Clark AgriFood Fund II
Lewis & Clark AgriFood Fund II is a late-stage, growth equity-focused investment fund specializing in the AgriFood sector, with a particular focus on tech-enabled, sustainable companies approaching positive operating cash flow.
Cavallo Ventures
Cavallo Ventures is the venture capital arm of Wilbur-Ellis, focused on enabling innovative technology across Wilbur-Ellis's global divisions and markets, employing a hands-on approach to building companies.
Innova Memphis
Innova Memphis is an early-stage investor focused on enabling high-growth companies in the healthcare, technology, and AgTech sectors, providing seed capital and mentorship.
What's next for Beta Hatch?
The recent major strategic investment in Beta Hatch signals a pivotal phase for the company, likely enabling significant scaling of operations and market penetration. This capital infusion is expected to accelerate the development and deployment of their insect farming technology, potentially expanding their product offerings and reach within the agricultural and animal nutrition sectors. Beta Hatch's focus on sustainable solutions positions it to capitalize on growing market trends towards eco-friendly and resource-efficient food production, suggesting a future focused on innovation and market leadership in the AgTech space.
See full Beta Hatch company page
