Invest-NL invested €7.5 million in Protix as part of an investment round of €15.5 million. Protix's current shareholders, Aqua-Spark, Rabo Corporate Investments and the BOM-Brabant Development Company, are also involved in the transaction. With this funding round, Protix can further optimize its production capacity and accelerate the international expansion.
“Protix is very pleased with this new investment round. This is another step in expanding our leadership in the insect industry. The financing of Protix fits very well in the investment strategy of Invest-NL, supporting innovative, fast-growing companies and a focus on the CO2-neutral transition,” Protix said.
Wouter Bos, CEO of Invest-NL, said, “I am pleased that we can support Protix in strengthening its international top position in the fast-growing market for insect-based ingredients. I also think it is favorable that we establish this transaction together with the European Investment Fund (EIF). With the ‘InnovFin SME guarantee’ that we recently agreed with the EIF, innovative, fast-growing companies can scale up even faster with the help of European investment funds.”
“This is another great step in the expansion of our leadership and many more will follow in the coming period,” said Kees Aarts, founder and CEO of Protix.
