Beta Hatch, a Seattle, Washington-based company industrializing the production of insects as a sustainable protein for animal feed, received an investment from Cavallo Ventures, the venture capital arm of Wilbur-Ellis.
The amount of the funding was not disclosed.
The company intends to use the funds to build a precommercial facility where they can demonstrate the full processing capacity of the system and design a commercial facility.
Founded in 2015 by Dr. Virginia Emery, who has a doctorate in entomology from UC Berkeley and over 12 years of experience working with insects, Beta Hatch develops insect-rearing technology that converts organic waste directly into high-value proteins, oils and nutrients for agriculture, enabling insects to cost-effectively meet the global scale of demand for plant and animal nutrients.
FinSMEs
02/02/2018