Brabrant Development Company News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The company is at full-scale operation in the Netherlands and looking to ramp up globally.

Insect meal producer Protix attracts over US$18m in investment Dutch insect protein producer, Protix, has generated €15.5m (US$18.5m) in a new funding round, with the investment set to support the next leg of its development. Existing shareholders Aqua-Spark, Rabo Corporate Investments and the Brabrant Development Company (BOM) participated in the latest round, and Dutch investment agency, Invest-NL, advanced €7.5m in capital as a new investor. “With this funding round, Protix can further optimize production capacity and accelerate its international expansi...

Among the huge range of alternative feed ingredients cropping up to supply the aquaculture sector, insect meal is interesting from a production perspective is the productivity per cubic meter of asset. For insects, the dry matter nutritional content is up to 30 percent compared to less than 10 percent for single-cell protein or algae. The operational environment is also fast. Protix runs batches in the range of seven days, after which, it controls, cleans and harvests again. "Whatever you build, you always measure it in terms of return on asset level, i.e what type of asset do you need to pro...