When was Loopworm founded?

Loopworm was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Loopworm located?

Loopworm is headquartered in Bengaluru, India. It is registered at 677, 1ST FLOOR, 27TH MAIN, 13TH CROSS HSR LAYOUT, 1SECTOR, Bangalore, BANGALORE, Karnataka, India, 560102.

Who is the current CEO of Loopworm?

Ankit Alok Bagaria of Loopworm. They have also founded 1 company.

Which legal entities is Loopworm associated with?

Loopworm is associated with LOOPWORM PRIVATE LIMITED.

How many employees does Loopworm have?

As of Aug 31, 2025, the latest employee count at Loopworm is 27.

Is Loopworm a funded company?

Loopworm is a funded company, having raised a total of $6.65M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 19, 2022.

How much is Loopworm worth?

The latest valuation of Loopworm is $***** as of May 29, 2025.

When was the latest funding round of Loopworm?

Loopworm's latest funding was a $***** Seed round on Jul 01, 2025, with participation from 6 investors.

What is the annual revenue of Loopworm?

Annual revenue of Loopworm is less than ₹10 Cr as on Mar 31, 2025

Where does Loopworm rank among its competitors?

Loopworm ranks 6th amongst 262 active competitors, of which 65 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was InnovaFeed, which secured $58M in Jun, 2026.

Who are the top competitors of Loopworm?

Loopworm's top competitors include Wastelink, InnovaFeed and Enifer. Among them, InnovaFeed secured the most recent funding round in June, 2026.

Loopworm - 2026 Company Profile, Team, Funding, Competitors & Financials

Loopworm is a seed company based in Bengaluru (India), founded in 2019 by Abhi Gawri and Ankit Alok Bagaria. It operates as a Manufacturer of insect-derived proteins, oils and biomolecules for nutrition and bioproducts. Loopworm has raised $6.65M in funding from WaterBridge and Omnivore, with a current valuation of $*****. The company has 262 active competitors, including 65 funded and 11 that have exited. Its top competitors include companies like Wastelink, InnovaFeed and Enifer.

Company Details

Manufacturer of insect-derived proteins, oils and biomolecules for nutrition and bioproducts. The company industrially farms insects such as silkworms and black soldier fly larvae, converting food and agricultural byproducts into protein meals, oils, and related ingredients. These outputs are formulated for use in animal feed, aquaculture diets, pet food, plant nutrition inputs, and other applications that require high-quality functional biomolecules. It also develops biomanufacturing processes that use insects as production platforms for recombinant proteins and other bio-based materials, targeting sectors including human wellness, diagnostics, and cosmetics.

Website: loopworm.in
Social
Email ID: *****@loopworm.in
Registered Address: 677, 1ST FLOOR, 27TH MAIN, 13TH CROSS HSR LAYOUT, 1SECTOR, Bangalore, BANGALORE, Karnataka, India, 560102

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$6.65M in 2 rounds

Latest Funding Round

Seed, Jul 01, 2025, $*****

Post Money Valuation

$***** as on May 29, 2025

Investors

WaterBridge & 31 more

Ranked

6^th among 262 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

27 as on Aug 31, 2025

Similar Companies

InnovaFeed & 104 more

View Loopworm's full profile

Loopworm is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOOPWORM PRIVATE LIMITED CIN: U90001KA2019PTC127874 , India, Active	Sep 12, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	35 (As on Apr 01, 2026)

Loopworm has raised a total funding of $6.65M over 2 rounds. Its first funding round was on Aug 19, 2022. Its latest funding round was a Seed round on Jul 01, 2025 for $*****. 6 investors participated in its latest round. Loopworm has 13 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of Loopworm:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2025	6519737	Seed	6443573	9584523	4383472	6985751
Aug 19, 2022	9226568	Seed	2740331	2843795	Omnivore & 1 more	Titan Capital & 17 more

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View details of Loopworm's funding rounds and investors

The founders of Loopworm are Abhi Gawri and Ankit Alok Bagaria. Ankit Alok Bagaria is the CEO of Loopworm.

Here are the details of Loopworm's key team members:

Abhi Gawri: Co-Founder & COO of Loopworm. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Ankit Alok Bagaria: Co-Founder & CEO of Loopworm. They serve on the board of 1 company.
Contact Info: 1 email address

Loopworm's Board of Directors

Loopworm's board has 2 active members. Abhi Gawri and Ankit Alok Bagaria are part of team.

Here is the list of Loopworm's board of directors:

Name	Type	Representing	Status	Duration
Abhi Gawri	Team	-	Current	6y 9m
Ankit Alok Bagaria	Team	-	Current	6y 9m

View details of Loopworm's Founder profiles and Board Members

Loopworm's employee count trend

Loopworm has 27 employees as of Aug 25. The total employee count is 13.0% lower than what it was in Aug 24. Here is Loopworm's employee count trend over the years:

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Top competitors of Loopworm include Wastelink, InnovaFeed and Enifer. Here is the list of Top 10 competitors of Loopworm, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wastelink 2018, Delhi (India), Series A	Provider of food waste upcycling and circular economy platform	$5.76M	Indigram labs, Avaana Capital Advisors & 51 others	66/100
2nd	InnovaFeed 2015, Evry Courcouronnes (France), Series D	Insect producer for animal and plant nutrition, building a sustainable food system	$538M	Qatar Investment Authority, Temasek & 17 others	63/100
3rd	Enifer 2019, Espoo (Finland), Series B	Sustainable mycoprotein ingredients for food, aquafeed, and pet food applications	$28.3M	Taaleri Bioteollisuus, Tesi & 9 others	60/100
4th	Ynsect 2011, Paris (France), Series D	Pioneering insect-based solutions for sustainable food, feed, and plant nutrition	$625M	Demeter, Bpifrance & 36 others	58/100
5th	nextProtein 2015, Paris (France), Series B	Sustainable insect protein for animal feed, addressing resource scarcity	$33.3M	Angelsquare, Anaxago & 15 others	56/100
6th	Loopworm 2019, Bengaluru (India), Seed	Manufacturer of insect-derived proteins, oils and biomolecules for nutrition and bioproducts	$6.65M	Omnivore, WaterBridge & 30 others	56/100
7th	Calysta 2011, Menlo Park (United States), Series D	Developer of sustainable protein ingredients for feed and food applications	$172M	BP Ventures, Old Westbury Global Real Asset Fund ... & 15 others	53/100
8th	Alltech 1998, Lexington (United States), Funding Raised	Animal nutrition and health solutions for a sustainable planet	-	United States Department of Agriculture	51/100
9th	Grassa 2014, De Punt (Netherlands), Series A	Processes grass and raw materials for animals	$6.16M	Brightlands Venture Partners, LIOF & 4 others	51/100
10th	Protix 1995, As (Sweden), Series E	Provider of insect-based solutions for feed, food, and farming applications	$126M	Rabo Investments, Tyson Foods & 11 others	51/100

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Founders (largest shareholder) own 49.68%, Funds own 37.22%, Enterprises own 0.00% and Angels own 4.70%. The net worth of Loopworm's founders is INR 85.1Cr as of May 29, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	49.68%	85.1Cr	4486734	5245090	1537004	8560739
Abhi Gawri	5902515	7768474	8396469	7847343	8554263	2326921
Ankit Alok Bagaria	9047403	1660866	4546504	7510982	7833763	1570615
Fund	37.22%	63.8Cr	9674426	6263639	2407524	5440903
WaterBridge	5775508	1350976	2396196	4027182	2198935	8776560
Omnivore	5439423	7479392	4617556	1229668	8420144	5064135
Enrission India Capital	4004	6043	8343	4800	5374	4259
Enterprise	-	0	0	0	0	0
Angel	4.70%	8.06Cr	9910	3489	8212	6918
ESOP Pool	8.40%	14.4Cr	4924178	2227809	3183905	4769928
Total	100.00%	171Cr	6625985	3875930	5028425	3401579