Agri-food

Protix, the Dutch pioneer company breeding insects, receives boost from new investment capital and EU food watchdog’s safety decision to approve its mealworms for human consumption. Operating at full capacity, it is aiming for two to three new production facilities in next five years.

Thanks to their low carbon footprint, insects are becoming increasingly popular as a cheap and alternative form of protein. With the insect-farming business forecast to be worth more than $4.1 billion a year by 2025, according to researcher Arcluster, impact investors have caught the bug.