Better Origin - About the company
Better Origin is a series A company based in Cambridge (United Kingdom), founded in 2019 by Miha Pipan and Fotis Fotiadis. It operates as an AI-based automated insect farm solution. Better Origin has raised $19.5M in funding from Balderton Capital and Fly Ventures, with a current valuation of £*****. The company has 24 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Livin Farms, Flybox and EntoCube.
Company Details
AI-based automated insect farm solution. The platform leverages insects to convert agricultural residue and industrial food waste into animal feed. It uses AI to support the precision of their insect farming operations, allowing for remote control of their systems.
- Website
- betterorigin.co.uk
Key Metrics
Founded Year
2019
Location
Cambridge, United Kingdom
Stage
Series A
Total Funding
$19.5M in 6 rounds
Latest Funding Round
Post Money Valuation
£***** as on Apr 02, 2024
Investors
Ranked
2nd among 24 active competitors
Employee Count
10 as on Aug 31, 2026
Similar Companies
Legal entities associated with Better Origin
Better Origin is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Entomics Biosystems Limited CIN: 9851144 , Germany, Active | Nov 01, 2015 | - | 25 (As on Mar 31, 2024) |
Sign up to download Better Origin's company profile
Better Origin's funding and investors
Better Origin has raised a total funding of $19.5M over 6 rounds. Its first funding round was on May 01, 2017. Better Origin has 18 institutional investors and 41 angel investors.
Here is the list of recent funding rounds of Better Origin:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 02, 2024 | 8345023 | Series A | 9293620 | 3155259 | 1748575 | 1059211 |
Mar 24, 2022 | 2310395 | Series A | 6153697 | 5132407 | 5731941 | |
Oct 18, 2020 | 2439510 | Seed | 6319673 | 8331123 |
View details of Better Origin's funding rounds and investors
Better Origin's founders and board of directors
Founder? Claim ProfileThe founders of Better Origin are Miha Pipan and Fotis Fotiadis. Fotis Fotiadis is the CEO of Better Origin.
Here are the details of Better Origin's key team members:
- Miha Pipan: Co- Founder & CSO of Better Origin and founder of 1 other company. Contact Info: 1 email address
- Fotis Fotiadis: Co-Founder & CEO of Better Origin. Contact Info: 1 email address
View details of Better Origin's Founder profiles and Board Members
Better Origin's employee count trend
Better Origin has 10 employees as of Aug 26. Here is Better Origin's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Better Origin's Competitors and alternates
Top competitors of Better Origin include Livin Farms, Flybox and EntoCube. Here is the list of Top 10 competitors of Better Origin, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Livin Farms 2015, Hong Kong (China), Series A | Developer of insect-based alternative proteins | $9.6M | 51/100 | |
2nd | Better Origin 2019, Cambridge (United Kingdom), Series A | AI-based automated insect farm solution | $19.5M | 47/100 | |
3rd | Flybox 2023, London (United Kingdom), Seed | Provider of modular containerized insect farm | $400K | 47/100 | |
4th | Developer of a containerized system for insect cultivation | $447K | 38/100 | ||
5th | Omma 2024, London (United Kingdom), Seed | AI-powered system to produce beneficial insects | - | 35/100 | |
6th | Fair Insects 2014, Dongen (Netherlands), Acquired | Platform focused on insect growing systems | - | - | 32/100 |
7th | Producer of insect powder products for animal feed | - | 31/100 | ||
8th | Bug Factory 2019, London (United Kingdom), Seed | Provider of live insects and breeding systems | $591K | 28/100 | |
9th | The Bug Factory 2022, Youngsville (United States), Unfunded | Online aggregator of insect growing systems | - | - | 24/100 |
10th | Provider of technology solutions converting industrial side streams into animal feed | - | - | 24/100 |
Looking for more details on Better Origin's competitors? Click here to see the top ones
Better Origin's Investments and acquisitions
Better Origin has made no investments or acquisitions yet.
Reports related to Better Origin
Here is the latest report on Better Origin's sector:
News related to Better Origin
•
UK-based Better Origins secure €14.6 million ($15.8 Mn) in Series A fundingPeople Matters•Apr 08, 2022•Better Origin, Balderton Capital, Fly Ventures, Metavallon
•
Cambridge-based Better Origin lands €2.5 million to democratise insect farming with automation and machine learningEU-Startups•Feb 24, 2021•Better Origin, Fly Ventures, Metavallon
•
Better Origin secures government funding to scale cutting-edge insect processing platformCambridge Network•Oct 05, 2020•Better Origin, Ukri
•
From larva to larder as Cambridge tech fights food waste scandalBusiness Weekly newspaper•Jun 26, 2020•Better Origin
Are you a Founder ?
FAQs about Better Origin
Explore our recently published companies
- Christoph Hein - Lemwerder based, Unfunded company
- Sandra Godwin - Unfunded company
- KCG - Unfunded company
- Omnipresence Exim - Hyderabad based, 2019 founded, Unfunded company
- ValaCare - Toronto based, 2026 founded, Unfunded company
- AI Fairness 360 - Unfunded company
