When was Better Origin founded?

Better Origin was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Better Origin located?

Better Origin is headquartered in Cambridge, United Kingdom.

Who is the current CEO of Better Origin?

Fotis Fotiadis of Better Origin. They have also founded 1 company.

Which legal entities is Better Origin associated with?

Better Origin is associated with Entomics Biosystems Limited.

How many employees does Better Origin have?

As of Mar 31, 2024, the latest employee count at Better Origin is 25.

Is Better Origin a funded company?

Better Origin is a funded company, having raised a total of $19.5M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 01, 2017.

How much is Better Origin worth?

The latest valuation of Better Origin is £***** as of Apr 02, 2024. This marks a decline of 5% from its peak valuation of £44.7M in Apr, 2017. This marks a decline of 5% from its peak valuation of £44.7M in Apr, 2017.

When was the latest funding round of Better Origin?

Better Origin's latest funding was a $***** Series A round on Apr 02, 2024, with participation from 0 investor.

Where does Better Origin rank among its competitors?

Better Origin ranks 3rd amongst 14 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Flybox, which secured $400K in Nov, 2025.

Who are the top competitors of Better Origin?

Better Origin's top competitors include Flybox, Livin Farms and EntoCube. Among them, Flybox secured the most recent funding round in November, 2025.

Better Origin - 2026 Company Profile, Team, Funding, Competitors & Financials

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 14 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Flybox, Livin Farms 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
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Key Metrics

Founded Year

2019

Location

Cambridge, United Kingdom

Stage

Series A

Total Funding

$19.5M in 6 rounds

Latest Funding Round

Series A, Apr 02, 2024, $*****

Post Money Valuation

£***** as on Apr 02, 2024

Investors

Balderton Capital & 58 more

Ranked

3^rd among 14 active competitors

Employee Count

25 as on Mar 31, 2024

Similar Companies

Flybox & 14 more

View Better Origin's full profile

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)

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	5806762	Series A	5734620	6302990	6730473	9118520
Mar 24, 2022	2972787	Series A	2730728	3957562	3908586	Metavallon & 1 more
Oct 18, 2020	9311339	Seed	4925804	1748255	Fly Ventures	Metavallon & 1 more

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View details of Better Origin's funding rounds and investors

The 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 25 employees as of Mar 24. The total employee count is 36.0% lower than what it was in Mar 23. Here is Better Origin's employee count trend over the years:

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Top competitors of Better Origin include Flybox, Livin Farms and EntoCube. Here is the list of Top 10 competitors of Better Origin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flybox 2023, London (United Kingdom), Seed	Provider of modular containerized insect farm	$400K	Undaunted, Angel Investors Network & 2 others	51/100
2nd	Livin Farms 2015, Hong Kong (China), Series A	Developer of insect-based alternative proteins	$9.6M	HAX, EIC Fund & 5 others	50/100
3rd	Better Origin 2019, Cambridge (United Kingdom), Series A	AI-based automated insect farm solution	$19.5M	Balderton Capital, Metavallon & 57 others	43/100
4th	EntoCube 2014, Helsinki (Finland), Seed	Developer of a containerized system for insect cultivation	$447K	Kickstart Innovation, Startup Sauna & 2 others	42/100
5th	Omma 2024, London (United Kingdom), Seed	AI-powered system to produce beneficial insects	-	Village Capital, Antler	33/100
6th	Fair Insects 2014, Dongen (Netherlands), Acquired	Platform focused on insect growing systems	-	-	31/100
7th	Bug Factory 2019, London (United Kingdom), Seed	Provider of live insects and breeding systems	$591K	Interventus Pcc, Maughan Capital & 12 others	28/100
8th	BugBox 2015, Tartu (Estonia), Funding Raised	Producer of insect powder products for animal feed	-	EIC Fund, Europa & 9 others	25/100
9th	The Bug Factory 2022, Youngsville (United States), Unfunded	Online aggregator of insect growing systems	-	-	24/100
10th	Entoprot 2017, Oulu (Finland), Unfunded	Provider of technology solutions converting industrial side streams into animal feed	-	-	24/100