What is Beta Hatch?
Beta Hatch is at the forefront of sustainable food innovation, 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. Additionally, they produce frass, a natural fertilizer that enhances soil health. Beta Hatch's mission is to address the escalating global demand for sustainable food sources through nature-inspired, insect-based solutions.
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 Innova Memphis, SeaAhead, AccelR8, Brighton Jones Investments, Klein Private Equity Investment, and Cavallor Ventures
Unspecified (2021): $10M backed by Innova Memphis, Cavallo Ventures, and Lewis & Clark AgriFood Fund II
Key Investors in Beta Hatch
Innova Memphis
Innova Memphis is an early-stage investor focused on enabling high-growth companies in the healthcare, technology, and AgTech sectors. They provide seed capital and hands-on mentorship to startups with strong intellectual property or competitive advantages, particularly in AgTech and FarmTech.
Cavallo Ventures
Cavallo Ventures, the VC arm of Wilbur-Ellis, enables innovative technology across Wilbur-Ellis's global divisions and markets. They employ a hands-on approach, actively participating in company strategy, executive recruitment, and capital raising.
Lewis & Clark AgriFood Fund II
Lewis & Clark Partners is a late-stage, growth equity-focused investment fund specializing in the AgriFood sector. They invest in tech-enabled, sustainable companies approaching positive operating cash flow, leveraging deep sector expertise and a strong network.
What's next for Beta Hatch?
The recent strategic investment in Beta Hatch signals a pivotal phase for the company, likely enabling expansion of its insect farming operations and further development of its nutrient-rich product lines. This capital infusion is expected to bolster its market penetration in the animal feed and agricultural sectors, reinforcing its position as a leader in sustainable food technology. Future growth will likely focus on scaling production, optimizing conversion processes, and forging new partnerships to meet the increasing demand for eco-friendly alternatives in food and agriculture.
See full Beta Hatch company page
