Ÿnsect Secures $569.39 Million in Funding to Revolutionize Protein and Fertilizer Industry

Ÿnsect, a trailblazer in sustainable protein production and natural insect fertilizers, has successfully raised an impressive €569 million in its latest funding round. Founded in 2011 in Paris, France, by a visionary team of scientists and environmental activists, Ÿnsect is recognized globally as a leader in processing insects into high-value ingredients for a myriad of applications including animal feed, plant nutrition, and even human consumption. This substantial investment will be pivotal in scaling up Ÿnsect's operations, allowing the company to further its mission of providing a long-term, eco-friendly alternative to traditional protein sources. With this funding, Ÿnsect plans to enhance its state-of-the-art vertical farming facilities, including its flagship site in Amiens, which is the largest of its kind in the world. Additionally, the funds will be allocated towards advancing its pioneering proprietary technology, further supported by more than 430 patents, that ensures automation and efficiency in producing high-quality mealworms. As a Next40 and B Corp-certified entity, Ÿnsect emphasizes its commitment to sustainability and innovation, and this capital injection is set to accelerate the company’s growth trajectory in a burgeoning global market, while also bolstering its efforts to combat food scarcity and promote organic farming. With operations that span continents, Ÿnsect is not just a frontrunner in the insect protein sector, but also a catalyst for change in creating a more sustainable food system for the future.