British biotechnology startup Beta Bugs Raises £1.72M in Funding to scale up sustainable insect farming

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


🏭 Industry



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, 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)

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