+28%

est. 2Y upside i

Climate TechSeries A

Automated factory to produce insect protein for farm animals.

Rank

#1457

Sector

Sustainable Agriculture Technology

Est. Liquidity

~4Y

Data Quality

Data: Low

With an expected 2-year upside of ~28% and low confidence due to data gaps, equity in Entocycle offers moderate potential but carries significant risk from capital intensity and preference overhang.

Last updated: July 19, 2026

Bull (20%)+77%

With rapid market adoption and IPO window, exit multiple expands to 4x, implying $84M exit, net 76.7% upside after 20% dilution.

Base (50%)+33%

Exit multiple converges to 3x, implying $63M exit, net 32.6% upside after 20% dilution, reflecting moderate growth and market validation.

Bear (30%)-12%

Exit multiple compresses to 2x, implying $42M exit, net -11.6% after dilution; still above preference stack of $21.2M, so common recovers partially.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

54%

Total funding $21.2M is 53.5% of $39.6M valuation, creating severe preference overhang.

Dilution Risk

high

High capital intensity suggests further funding rounds needed; estimated 20% dilution within 2 years.

Secondary Liquidity

none

No secondary market available; liquidity only via IPO or acquisition.

Other 2 roles

View all 2 open roles at Entocycle

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Entocycle's data — designed to show you've done your homework.

  • 1

    How does Entocycle plan to achieve profitability given high capital intensity?

  • 2

    What is the company's go-to-market strategy for licensing hardware vs selling insect protein?

  • 3

    Given the preference stack, how does the company think about employee equity value?

Community

Valuation Sentiment

Our model estimates +28% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.