The world’s population is estimated to reach more than nine billion by 2050. Global food production will have to increase by 70 per cent to feed everyone. Meanwhile one third of all food produced is wasted.
At nextProtein we’re driven by a personal desire to address land and resource scarcity and feed a rising population sustainably. nextProtein can produce the equivalent amount of protein from 100sqm as 100ha of soya field.
Founded by couple Syrine Chaalala and Mohamed Gastli, we produce insect-based protein for animal feedstocks with a negligible carbon footprint, at a lower cost and with the equivalent nutritional value of traditional protein production. We do this by taking otherwise unconsumed food on which to raise the insects, returning protein to the food cycle.
nextProtein has years of experience in breeding Black Soldier Fly, which was selected specially for its beneficial, high-yield quality. Fly larvae are raised, harvested and then processed into valuable components of animal feed: an insect based protein for aquaculture, livestock and pets, an extracted fat and a natural fertilizer for use in agriculture.
Our process is EU-approved for aquaculture and pet food and is suitable for feedstocks for the poultry and pork industries. We’re currently increasing our production capacity to one tonne of protein per day.
Based in France with production operations in Tunisia, nextProtein is also backed by a range of high-profile international investors and business angels who have recognised our potential to revolutionise the industry.
Location: France, Ile-de-France, Paris
Employees: 11-50
Total raised: $11.2M
Founded date: 2015
Investors 3
Date | Name | Website |
- | Telos Impa... | telosimpac... |
- | Kepple Afr... | kepple-afr... |
- | Angelor | angelor.bi... |
Funding Rounds 1
Date | Series | Amount | Investors |
22.06.2020 | Series A | $11.2M | Telos Impa... |
Mentions in press and media 11
Date | Title | Description | Source |
02.09.2022 | 5 African alternative protein startups innovating to meet 3-... | As we’ll soon report in our upcoming Africa AgriFoodTech Investment report in collaboration with FMO... | agfunderne... |
14.01.2021 | The EU just approved mealworms for human consumption. Will Y... | On Wednesday, the European Food Safety Authority (EFSA) announced its approval of mealworms for huma... | agfunderne... |
31.12.2020 | AFN’s top 20 news stories of 2020 | Earlier this week, we took a look at the top 20 guest articles from external contributors published ... | agfunderne... |
06.10.2020 | Ÿnsect extends Series C to $372m, targets pet food & aim... | French insect farming startup Ÿnsect has raised an additional $224 million in Series C funding, brin... | agfunderne... |
04.09.2020 | Agrifood investors head to the beach – but not for vacation... | Normally, August is a slow month. It wasn’t this year – especially if you’re a seafood startup. Two... | agfunderne... |
29.07.2020 | Backyard black soldier flies: Grubbly grabs up $2.9m seed ro... | “People are losing their clucking minds over backyard chickens,” reads a recent headline in The Hust... | agfunderne... |
22.07.2020 | Protenga nets $1.6m from UK, Singapore investors for novel a... | UK agritech venture builder Roslin Technologies and Enterprise Singapore’s SEEDS Capital, an investm... | agfunderne... |
02.07.2020 | Distributed mini-farms and carbon-neutral eggs: The next pha... | Last summer at a research lab on the outskirts of Cambridge, UK, I nervously rolled up my sleeve and... | agfunderne... |
27.05.2020 | Fly, my pretties! NextProtein closes $11.2m Series A to scal... | NextProtein, a French-Tunisian startup working on new ways to produce insect-based animal feed and f... | agfunderne... |
16.02.2017 | A Guide to Seafood & Aquaculture Technology: Startups Ra... | Startups in seafood and aquaculture technology raised $193 million in 2016, a 271% increase on the $... | agfunderne... |
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