Insect biotech company GreenGrahi has secured $3.73 million in seed funding to revolutionize sustainable agriculture using Black Soldier Fly technology, placing the agri-biotech startup on a global growth trajectory driving innovations in sustainable agriculture.

With seed funding led by Avaana Capital and joined by Huddle Ventures, Campus Fund, Blume Founders Fund, and top-tier angel investors, GreenGrahi aims to boost its insect biotech platform and set up a state-of-the-art production facility.

Founded in 2021 by Siddharth Sharma and Shivali Sugand, the agri-biotech startup has focused on turning waste into value. GreenGrahi converts agricultural by-products into premium insect biotech products like high-protein meals, functional oils, and hydrolysates, which support aquaculture, poultry, and pet nutrition.

The Bengaluru-based firm runs on a circular economy model, sourcing organic feedstock from FMCG and agri-input players. With this model, GreenGrahi minimizes waste and maximizes sustainable impact, staying true to the essence of sustainable agriculture.

Black Soldier Fly at the Core of GreeGrahi

At the heart of GreenGrahi’s insect biotech innovation is the Black Soldier Fly, whose larvae rapidly convert organic matter into nutrient-rich compounds. The company plans to build a factory capable of processing 150 tonnes of feedstock daily. This move will position the startup as a leader in Black Soldier Fly-based biomanufacturing, which is fast emerging as a vital pillar of sustainable agriculture.

In addition, GreenGrahi develops cutting-edge biological agri-inputs—biofertilizers, biostimulants, and biopesticides—that strengthen the soil, enhance crop yields, and reduce chemical dependency. These products offer a green alternative to traditional inputs, accelerating the global push toward regenerative farming.

“As wild fish stocks continue to decline and protein demand rises, the pressure on aquafeed and livestock inputs will only grow. We are building a platform that makes high-quality, science-driven feed and agri-inputs accessible, affordable, and scalable for global markets,” said Siddharth Sharma, co-founder of GreenGrahi.

Eyes on Global Expansion

With over ten B2B animal and plant nutrition clients, GreenGrahi now sets its sights on global markets. The team expects international sales, especially in the US, UK, and EU, to account for 30–35 percent of future revenue. The fresh seed funding will help them expand their scientific workforce and scale operations abroad.

This recent round marks India’s largest-ever insect biotech fundraise, according to Avaana Capital. The firm had earlier raised $150 million for climate-tech ventures and sees GreenGrahi as a cornerstone in transforming agri-systems globally.

By merging biotech, sustainability, and circular principles, GreenGrahi represents the next frontier in insect biotech. With its deep focus on scalable impact, the startup embodies the future of sustainable agriculture.

Shruti Srivastava, investment director at Avaana Capital, said, “GreenGrahi is creating category-shaping innovation in the food and agri-tech space. Their proprietary insect biotechnology and bioprocessing platform enables the production of high-performance, cost-efficient ingredients at scale—helping build resilient food supply chains for global food security through science-backed, market-ready solutions.”

From transforming food systems to reducing agri-waste, GreenGrahi now leads a movement that stretches from Indian farms to global markets—one fly at a time.

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