Better Origin
PrivateLast 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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Better Origin Comps
Public and private peers based on sector, stage, and business model.
Better Origin Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Apr 7, 2022 | ||||
| Seed | Feb 23, 2021 | ||||
| Grant | Oct 5, 2020 | ||||
| Pre Seed | Apr 9, 2019 | ||||
| Grant | Aug 4, 2017 |
Better Origin Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Innovate UK | Grant |
| UKRI Innovate UK | Grant |
| Cambridge Agritech | Pre Seed |
| Fly Ventures | Series A, Seed |
| Balderton Capital | Series A |
| Green Angel Syndicate | Pre Seed |
Better Origin Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Better Origin's valuation, stock price, and market status.