# ByBug

**Source:** https://www.startuphub.ai/startups/bybug
**Profile type:** Startup

> Biotechnology startup using genetically engineered insects to convert organic waste into high-value recombinant proteins.

## About

ByBug is a Chilean biotechnology startup that utilizes genetically engineered black soldier flies to biomanufacture recombinant proteins and other sustainable bioproducts from agricultural byproducts and organic waste. Their technology, ByBug Synthetics, offers a more cost-effective and scalable alternative to traditional cell culture systems, with applications in animal health, nutrition, and industrial enzymes.

## Key facts

- **Slug:** bybug
- **Website:** https://www.bybug.io/
- **Location:** Tulsa, United States
- **Founded:** 2021-01-01
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Biotechnology, Biomanufacturing, AgTech, Cleantech, Life Sciences, Insect Farming, Recombinant Proteins, Circular Economy, Waste Management, Animal Health, Veterinary Therapeutics, Industrial Enzymes
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/bybug

## Frequently asked

### What does ByBug do?

ByBug is a Chilean biotechnology startup that utilizes genetically engineered black soldier flies to biomanufacture recombinant proteins and other sustainable bioproducts from agricultural byproducts and organic waste. Their technology, ByBug Synthetics, offers a more cost-effective and scalable alternative to traditional cell culture systems, with applications in animal health, nutrition, and industrial enzymes.

### What is ByBug's revenue?

StartupHub estimates ByBug's annual revenue at $2.0M (range $1.2M to $5.9M, 68% confidence), based on comparable companies in the sector.

### What is ByBug's valuation?

StartupHub estimates ByBug's effective valuation at $7.5M (range $4.9M to $11.8M, 22% confidence), based on comparable companies in the sector.

### How much funding has ByBug raised?

ByBug has raised a total of $2M in funding. The most recent round on record is Equity Crowdfunding.

### Where is ByBug headquartered?

ByBug is headquartered in Tulsa, United States.

### When was ByBug founded?

ByBug was founded in 2021.

### What industry does ByBug operate in?

ByBug operates in Biotechnology, Biomanufacturing, AgTech, Cleantech, Life Sciences, Insect Farming.

### How many employees does ByBug have?

ByBug has approximately 20 people on record.

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