Aquaculture For Good

Agfunder News: Protix Raises $50m in Largest Insect Farming Investment on Record

Protix, a Netherlands-based company, has raised €45 million ($50.5 million) in equity and debt funding to expand its insect farming business. This is the largest investment in the nascent insect farming industry to-date, according to Protix and its investors.

Dutch food and agriculture bank Rabobank invested in the round alongside Aqua-Spark, the sustainable aquaculture investment fund, Dutch government-backed Brabant Development Agency (BOM) and other private investors.

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