What is Better Origin?
Better Origin is at the forefront of sustainable food production, specializing in the conversion of waste materials into high-value insect products, primarily for animal feed applications. Leveraging proprietary technology, the company utilizes black soldier fly larvae to efficiently process food waste, yielding nutrient-dense ingredients essential for pet food, poultry, and aquaculture sectors. Their mission is to offer sustainable and nutritious alternatives to conventional feed sources, thereby mitigating the environmental footprint associated with traditional agriculture. The integration of AI-powered, fully automated systems streamlines insect farming operations, making sustainable practices more accessible and scalable for their clientele.
How much funding has Better Origin raised?
Better Origin has raised a total of $16M across 1 funding round:
Series A
$16M
Series A (2022): $16M with participation from Metavallon, Balderton, and Fly Ventures
Key Investors in Better Origin
Metavallon
Metavallon VC is a venture capital fund that invests in early-stage technology startups with strong connections to Greece, providing funding and hands-on support to help startups grow.
Balderton
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, typically leading Seed and Series A rounds.
Fly Ventures
Fly Ventures is a first-check venture capital firm focused on supporting technical founders who are addressing complex challenges, investing from day-zero up to seed stage across Europe.
What's next for Better Origin?
The substantial enterprise-level funding and recent strategic investment signal a critical growth phase for Better Origin. This capital infusion is expected to accelerate the company's expansion efforts, potentially enabling further technological advancements, scaling of production capabilities, and broader market penetration. The focus on sustainable waste conversion and insect-based feed positions Better Origin to capitalize on increasing global demand for environmentally conscious food solutions, suggesting a trajectory towards becoming a dominant player in the alternative protein and sustainable agriculture markets.
See full Better Origin company page