This Y Combinator-backed startup wants to help scale the nascent insect protein sector. Check out the 15-slide pitch deck Entocycle used to raise $5 million.
Global insect protein startups raised just $146 million in venture capital in 2022, compared with $200 million the year prior, according to PitchBook. It's not just startups getting into the game; conglomerates Mars and Nestle have both launched insect-based pet food in recent years.
Entocycle's flagship hardware and software package uses computer vision and automation to count the baby insects, separate them, and monitor them. This means producers will know exactly how much organic waste is needed to feed the insects they have without having to manually weigh and handle them.It has also developed breeding cages where the entire environment, such as lights, temperature, and humidity, is controlled for reliable output.
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