ByBug raised $1.4 million in a seed round led by Südlich Capital, Arpegio VC, GRIDX, Halcyon Venture Partners, and Atento Capital to build a platform for recombinant protein production using black soldier flies.

Chilean startup ByBug has raised a $1.4 million seed round as it builds a platform to produce recombinant proteins from genetically engineered black soldier flies, an approach it claims is cheaper and more scalable than using engineered microbes via precision fermentation. The funding will help the startup expand R&D efforts and prepare for commercial operations in Tulsa, Oklahoma.