Beta Bugs is a cutting edge biotechnology company that produces enhanced insect strains for the growing insect farming industry. Here are details of Beta Bugs‘ latest funding round :
🚀 Launch
2017
🏭 Industry
Biotechnology
🧠Management
Thomas Farrugia (CEO AND FOUNDER), Suzy Purcell (HEAD OF FINANCE), Mark Richardson (HEAD OF OPERATIONS), Nicola Gardner (CREATIVE MARKETING & MEDIA MANAGER), Lindy Stewart (COLONY MANAGER), Jonathan Fisher (PRODUCTION MANAGER)
💸 Funding & Investors
| INVESTMENT (October 2023) | £1.72 million |
| INVESTORS (October 2023) | led by The Tricapital Syndicate, with participation from SIS Ventures, Scottish Enterprise, Beeches Group, Climate.vc and existing shareholders. |
🎯 Funding purpose
Scale-up the production, sale and supply of its Black Soldier Fly eggs and larvae to the insect farming sector, as a sustainable alternative to current sources of protein for animal feed.
🌐 Country HQ
UK (Edinburg)