What is Entocycle?
Entocycle is at the forefront of the burgeoning insect farming industry, offering modular insect farms designed to convert food waste into valuable resources. Their innovative solutions cater to a broad spectrum of clients, including agricultural producers, insect-based product manufacturers, waste management entities, and aspiring entrepreneurs in the entomophagy sector. By providing end-to-end services and cutting-edge technology, particularly for black soldier fly cultivation, Entocycle empowers clients to establish efficient and sustainable insect farming operations. The company's expertise spans entomology and engineering, ensuring robust support for clients aiming for successful ventures in this eco-friendly industry.
How much funding has Entocycle raised?
Entocycle has raised a total of $18.4M across 2 funding rounds:
Unspecified
$13M
Series A
$5.4M
Unspecified (2020): $13M with participation from Industrial Strategy Challenge Fund
Series A (2023): $5.4M led by Climentum Capital, Teampact Ventures, and Lowercarbon Capital
Key Investors in Entocycle
Climentum Capital
Climentum Capital is a European venture fund focused on high-impact, hard tech companies driving sustainable growth in energy, industry, and infrastructure, particularly in early-stage B2B solutions targeting high CO2 emitting sectors.
Lowercarbon Capital
Lowercarbon Capital invests in companies that are dedicated to slashing CO2 emissions and mitigating climate change, supporting innovative solutions for planetary healing.
Teampact Ventures
Teampact Ventures is an investor participating in Entocycle's funding round, contributing to the company's growth in the sustainable insect farming sector.
What's next for Entocycle?
With the recent Series A financing, Entocycle is poised for significant expansion and technological advancement. The substantial backing from investors like Climentum Capital and Lowercarbon Capital indicates strong confidence in the company's business model and its potential to address global challenges in food security and waste reduction. This strategic investment will likely fuel further research and development, enhance production capacity, and broaden market reach. Entocycle's focus on sustainable protein and organic fertilizer production positions it as a key player in the circular economy, with future growth expected to be driven by increasing demand for environmentally conscious solutions.
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