What is Loopworm?
Founded in 2019 by Ankit Alok Bagaria and Abhi Gawri, Loopworm is at the forefront of developing novel approaches to protein synthesis. The company has already commercialized insect-derived proteins and fats, targeting the aquaculture and pet nutrition markets. Its current focus is on a groundbreaking reactor-free recombinant protein production platform that utilizes silkworms as biological factories. This proprietary method aims to bypass traditional gene insertion techniques used in yeast or bacteria, promising a faster, more economical, and environmentally sustainable production of complex proteins for various industrial and medical applications. Loopworm's innovative strategy positions it as a key player in the burgeoning alternative protein sector.
How much funding has Loopworm raised?
Loopworm has raised a total of $10M across 3 funding rounds:
Angel/Seed
$3.4M
Angel/Seed
$3.4M
Other Financing Round
$3.2M
Angel/Seed (2022): $3.4M, investors not publicly disclosed
Angel/Seed (2022): $3.4M led by Omnivore and WaterBridge Ventures
Other Financing Round (2025): $3.2M supported by WaterBridge Ventures
Key Investors in Loopworm
WaterBridge Ventures
WaterBridge Ventures is a venture capital firm dedicated to helping entrepreneurs build generational companies across various sectors. With a focus on backing contrarian founders, WaterBridge Ventures has supported successful companies like Doubtnut, CityMall, Bijnis, Chalo, Atlan, and PocketPills.
Omnivore
Omnivore is an investor in Loopworm's funding round, indicating a focus on agricultural innovation and sustainable food systems.
What's next for Loopworm?
With the recent major strategic investment and a substantial total funding amount of $10M, Loopworm is poised for significant expansion and further development of its unique recombinant protein production technology. This capital injection is expected to accelerate the scaling of its silkworm-based platform, potentially disrupting conventional protein manufacturing processes. The company's focus on sustainability and cost-efficiency aligns with global trends in food security and industrial biotechnology, suggesting a strong trajectory for market penetration and technological advancement in the coming years. Future endeavors will likely involve further research and development, strategic partnerships, and broader commercialization efforts.
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