Loopworm Nets $3.3 Mn To Manufacture Recombinant Proteins

The pre-Series A funding round was co-led by existing backer WaterBridge Ventures and Japanese VC firm Enrission India Capital

Founded in 2019, Loopworm manufactures high-protein animal feeds from silkworms and is also developing a novel reactor-free recombinant protein production platform

The Bengaluru-based startup will use the fresh proceeds to set up a new commercial facility for recombinant protein production and strengthen its R&D capabilities

Biotech startup Loopworm has raised $3.3 Mn (about INR 28 Cr) in…