Biotech Startup Loopworm Secures USD 3.25M in Pre-Series A Round Led by WaterBridge Ventures

Loopworm

Bengaluru-based biotechnology startup Loopworm has raised $3.25 million in a Pre-Series A funding round to scale up its breakthrough recombinant protein production platform.

The round was led by WaterBridge Ventures, with participation from ENRISSION INDIA CAPITAL, a Japanese venture capital firm focused on sustainability and industrial biotech.

Loopworm is revolutionizing the biotech industry by replacing traditional bioreactors with a silkworm-based system to produce complex recombinant proteins used in diagnostics, animal vaccines, and industrial applications.

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The company’s proprietary process transforms silkworms into cost-effective, scalable bio-factories, addressing the limitations of conventional protein manufacturing which typically demands high capital, energy, and time investments.

Loopworm: A New Paradigm in Biomanufacturing

“Recombinant protein manufacturing has traditionally required expensive infrastructure and posed scalability challenges,” said Ankit Alok Bagaria, Co-founder and CEO of Loopworm. “Our silkworm-based platform eliminates the need for bioreactors, making protein production faster, more affordable, and sustainable.”

Abhi Gawri, Co-founder, added, “We’re building a flexible and production-ready platform that aligns with India’s national bioeconomy vision. With this funding, we will fast-track commercialization for applications with lower regulatory barriers, including diagnostics and veterinary medicine.”

Global-Ready Infrastructure

Loopworm currently operates a 6,000-tonne-per-year insect processing facility in Bengaluru, from which it exports silkworm-derived protein and oil to Europe, ASEAN, and South America for aquaculture and pet food markets.

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The company has successfully expressed complex proteins such as antigens and growth factors in silkworm pupae and is filing multiple patents for its platform.

Backing from Global Investors

“Loopworm represents the future of Indian biotech,” said Ashish Jain, Partner at WaterBridge Ventures. “Their silkworm recombinant platform is not only novel but potentially transformative for global life sciences.”

Harsh Deodhar, Principal at ENRISSION INDIA CAPITAL, emphasized, “This partnership reflects our belief in Loopworm’s vision and its alignment with Japan’s biotech and sustainability goals.”

Mark Kahn, Managing Partner at Omnivore, an early backer of Loopworm, said, “India is poised to lead the next wave of industrial biotech, and Loopworm is creating a platform that makes that future real.”

The company’s facility is ISO 22000, GMP+, HACCP, and EU Traces certified, and it has already received regulatory approval for R&D-scale recombinant protein production.

With global demand for bio-manufacturing solutions on the rise, Loopworm’s disruptive approach could pave the way for a new era of decentralized, nature-powered biotech manufacturing.

Author

  • Salil Urunkar

    Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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