Archive · 1 Jul 2025
Loopworm Raises $3.25M in Pre-Series A Funding
Loopworm, a company using insects to make proteins, secured $3.25 million in funding.
They use silkworms to create proteins, which is faster and cheaper than traditional methods.
Loopworm has a large factory in Bangalore and exports its products.
They are aiming to grow in the biotech industry.
Loopworm, a biomanufacturing company, raised $3.25 million in a Pre-Series A funding round.
The funding was led by WaterBridge Ventures and Enrission India Capital.
Loopworm uses silkworms to produce recombinant proteins.
The company operates a 6,000-tonne-per-year insect processing facility in Bangalore.
Loopworm is targeting applications in diagnostics, animal vaccines, and other areas.
- Who
- Loopworm, a biomanufacturing company founded by Ankit Alok Bagaria and Abhi Gawri.
- What
- Loopworm raised $3.25 million in a Pre-Series A funding round.
- When
- Published on July 1, 2025.
- Where
- Bangalore, India.
- Why
- To scale up recombinant protein production.
- Company
- Loopworm
- Funding Amount
- $3.25 million
- Funding Round
- Pre-Series A
- Lead Investors
- WaterBridge Ventures, Enrission India Capital
- Founders
- Ankit Alok Bagaria, Abhi Gawri
- Facility Location
- Bangalore
- Facility Capacity
- 6,000 tonnes per year
- Certifications
- ISO 22000, GMP+, HACCP, EU Traces