Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Protix raises $50 million to raise insects for fish feed



You probably have already eaten black soldier fly larvae, at least indirectly.

Farmed fish and other livestock are starting to feast on feed made from these fast-growing maggots, which themselves can be fattened on rotting food waste.

The growing demand for such high-quality feed attracted investors to Protix, a Netherlands-based insect-based feed producer that is expanding into the aquaculture market. Its latest funding round was backed by sustainable aquaculture fund Aqua-Spark, BOM Capital, and RaboBank, one of the company’s early investors.

The need for protein-based foods is expected to increase by almost 50% in the next 30 years (see “What to feed the fish”). Growing insects as a feed source can reduce the need for forage fish, and is even more sustainable because varieties like the black soldier fly — Protix’s flagship product — feed on food waste.

Aqua-Spark has also invested in Calysta, a California biotech company that uses microbes to produce a fishmeal substitute. Aqua-Spark’s Mike Velings told ImpactAlpha the fund will encourage the fish farms it invests in to try both types of feed.

You might also like...