Loopworm raised $3.25 million in a pre-Series A round led by WaterBridge Ventures and Enrission India Capital, a Japanese venture firm. The company uses silkworms to produce feed-grade and recombinant proteins, and will use the funds to scale manufacturing and move its technology toward commercial volumes.
Ankit Alok Bagaria and Abhi Gawri co-founded the business.
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Credit: Entrepreneur India