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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...

EU Food Watchdog Approves Bugs for Human Consumption  By January 13, 2021 The larval form of the mealworm beetle is safe for human consumption in both its whole form and as a powder additive the European Union’s food watchdog said Wednesday. (Bloomberg) -- Insects just moved a step closer to European dinner plates. Dried yellow mealworm, the larval form of the mealworm beetle, is safe for human consumption in both its whole form and as a powder additive, the European Union’s food watchdog said Wednesday. The European Food Safety Authority’s opinion is a first step before autho...

Bugs Head for European Menus After Mealworms Get Green Light Bloomberg 1/13/2021 (Bloomberg) -- Insects just moved a step closer to European dinner plates. Dried yellow mealworm, the larval form of the mealworm beetle, is safe for human consumption in both its whole form and as a powder additive, the European Union’s food watchdog said Wednesday, ruling on an application by French insect farmer EAP Group SAS - Micronutris, now known as Agronutris. © Bloomberg Venture Capitalists Plunge $125 Million Into French Mealworm Breeder Ynsect The larval form of the mealworm beetle is safe for h...