Biotech startup Loopworm raises $3.3 million in pre-Series A funding from WaterBridge Ventures and Enrission India Capital to manufacture recombinant proteins.
Loopworm plans to use the funding to start recombinant protein production, set up a new commercial facility, strengthen R&D, and secure regulatory approvals.
Founded in 2019, Loopworm produces high-protein animal feeds and edible oils using silkworms, exporting its products internationally.
Loopworm develops a novel reactor-free recombinant protein production platform using silkworms, aiming for faster, cheaper, and sustainable biomanufacturing practices.