Biotechnology startup Loopworm raises $3.25 million in a pre-Series A funding round

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Startup Information:

  • Startup: Loopworm
  • Founders: Ankit Alok Bagaria, Abhi Gawri
  • Founded: 2019

Funding Information:

  1. Funding Round: Pre-Series A

    • Amount Raised: $3.25 million
    • Date: [Not specified in the text]
    • Investors:
      • WaterBridge Ventures
      • ENRISSION INDIA CAPITAL
  2. Previous Funding Round: Seed
    • Amount Raised: $3.4 million
    • Investors:
      • Omnivore
      • Other unspecified early backers

Additional Information:

  • Location: Bengaluru, India
  • Production Capacity: 6,000 tonnes per year
  • Focus Areas:
    • Recombinant protein production
    • Diagnostics
    • Animal vaccines

This organization provides a pioneer approach to biomanufacturing by utilizing silk worms as bioreactors for protein production.

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2025-07-02 10:40:33