Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round

Loopworm, a biomanufacturing company developing insect-derived proteins, has raised $3.25 million in a pre-Series A funding round. The round was co-led by WaterBridge Ventures, an existing investor, and ENRISSION INDIA CAPITAL, a Japanese venture capital firm.

The Bengaluru-based company had previously raised $3.4 million in a seed funding round led by Omnivore and others.

The proceeds will be allocated towards commercializing its…