Better Origin

Better Origin

Private
Cambridge, EnglandEnergy & Sustainabilityhttps://betterorigin.co.uk/

Last Round

Series A

Apr 7, 2022

Total Funding Raised

$22.38M

Company Overview

Better Origin is an agritech company that develops and operates AI-powered, modular insect mini-farms to address issues in the global food chain. Housed in shipping containers, these automated systems, known as the 'X1', use black soldier fly larvae to convert local food and agricultural waste into high-quality, sustainable animal feed for poultry and pet food. The company's mission is to create a more circular and localized food system by reducing food waste, cutting carbon emissions, and decreasing reliance on traditional feeds like soy. Founded in 2015 by Fotis Fotiadis and Miha Pipan, the company has secured Series A funding and partners with food producers and farmers.

Sector

Energy & Sustainability

Verticals

Circular Economy, Supply Chain, Sustainable Materials, Waste Management

Business Model

B2B

Customer Profile

Hardware + Subscription, Hardware Sales

AI Layer

Application

Keywords

insect farmingsustainable animal feedfood waste conversionAI insect farminsect proteinmodular insect farmblack soldier fly larvaeBSF larvaewaste-to-valueon-site farmingshipping container farmpoultry feedFarming as a ServiceFaaSinsect techcircular feedsoy replacementaquaculture feedpet food ingredients

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Better Origin Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Better Origin Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AApr 7, 2022
SeedFeb 23, 2021
GrantOct 5, 2020
Pre SeedApr 9, 2019
GrantAug 4, 2017

Key People

Founding team and executive leadership

Fotis Fotiadis

Founder CEO

Founding Team

Better Origin Investors

Notable investors and investment history

Better Origin Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Better Origin Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersCambridge, England
Employee Range12
Year Founded2015
Last FundingApr 7, 2022

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