2 years ago

Beta Bugs Raises £1.72 Million for Sustainable Insect Farming

  • Beta Bugs, a Scottish startup that genetically engineers insect eggs for alternative protein farming, has raised £1.72 million in a Series A funding round led by Tricapital Syndicate

  • The company, founded in 2017, has developed a selective breeding program and egg production site for black soldier flies for use as livestock feed

  • The funding will be used to expand the company's operations and develop new products

  • Beta Bugs is one of several startups in the UK that are working to develop sustainable alternatives to traditional protein sources.

      • ProblemFood & Beverage

      "Meeting the increasing demand for protein sustainably, as traditional methods like livestock farming contribute to deforestation, biodiversity loss, and overfishing."

      Solution

      "Genetically engineering and breeding black soldier flies for insect farming, providing a sustainable and efficient alternative protein source with a significantly lower environmental impact."

      Covered on