Aqua-Spark has announced an investment in Protix, a leading insect company based in The Netherlands. Alongside Rabobank and private investors, Aqua-Spark will be leading a 45M€ investment, the largest investment ever made in the insect industry.
Protix breeds insects for animal feed and is a highly technological and data driven insect producer, regarded for its automated breeding and rearing process. The company has turned insect production into a commercial success by serving the animal feed industry, while also developing food applications for consumers. Their products are used in over 12 countries to date - in feed applications ranging from pig and poultry to pet food specialties.
The driver behind Aqua-Spark’s interest is Protix promising uses for aquaculture. Fish raised using sustainable aquaculture methods offer a solution to the global food crisis because they have the least environmental impact of any animal protein.
However, as the industry continues to improve overall, feed is still a key concern. 33% of all wild caught fish is processed into animal feed, and alternatives like soy contribute to deforestation and do not reflect a natural diet.
Protix has the potential to further elevate aquaculture, while solving feed challenges across multiple industries at a large scale and sustainably disposing of food scraps.
Learn more about Protix