After Ynsect or Entomo Farm , a new start-up is a hit in the food sector of the future. NextProtein, a young Franco-Tunisian shoot born in 2015, produces animal feed components from fly larvae. Livestock, based near Tunis, uses and recycles local vegetable waste by bioconversion. It has just obtained 1.3 M €
Read MoreFounded in October 2015 by two entrepreneurs keen to avoid food waste, nextProtein is a young start-up from Orsay. Created by Mohamed Gastli and Syrine Chaalala, it was during a trip to Madagascar that the two founders met. NextProtein was born of this idea to reduce the waste of food by producing animal protein sources from flies soldiers. The business model of the start-up is based on a resource still massively untapped, namely insects, in order to meet a strong demand on the part of professionals.
Read MoreFrench-Tunisian agri-tech startup nextProtein said Friday it secured €1.3 million ($1.4 million) in funding for its work producing animal feedstock from insect larvae. It plans to scale up production at its expanded operations this year. Funding came from international investors including Xavier Niel.... "nextProtein’s innovative bioconversion process can produce the same amount of protein as traditional agriculture using significantly smaller farming
Read MoreNextProtein, a Franco-Tunisian agri-tech startup specializing in the manufacture of insect larvae feed components, announces the expansion of its operations and the increase of its production in 2017, following a Seizure of 1.3 million euros.
Read MoreThe French Startup NEXTPROTEIN - A new sustainable insect based source of protein - - received 1.3 million euros in first funding. Cofounded in 2015 by Mohamed Gastli, Syrine Chaalala, NEXTPROTEIN is a Cleantech, Energie - Développement durable, based in Ile De France. This 1.3 million euros round was led by Crowdfunding (Anaxago), Kima Ventures, Christophe Cervasel, Cyril Grislain, Jerome Lecat, Khaled Helioui, Sylvie Ganter.
Read MoreParis headquartered, nextProtein, says it is ready to scale up production at its new expanded operations this year, after generating €1.3m in fundraising. The company was officially set up in October 2015. It harvests Black Soldier Fly larvae, which is processes into meal and oil for aquaculture, livestock, and pet food, as well as agricultural fertilizer.
Read MoreThe agri-tech startup attracted funds from a range of high-profile international investors including Xavier Niel’s Kima Ventures, Silicon Valley business angel Jerome Lecat, and Khaled Helioui, who has also invested funds in Uber and Deliveroo.
Read MoreThe company’s innovative bioconversion process produces feedstock protein using significantly less land, water and energy resources, with less greenhouse gas emissions, than traditional agriculture. With growing concern about food scarcity and unsustainable farming, edible insect protein could revolutionise the agriculture industry by producing in 150m2 as much protein than from 150ha of soy land.
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