logo
logo

Innovafeed Raises Us $250M (€250M) In Series D Financing Round To Accelerate Growth

Sep 20, 2022•almost 3 years ago

Amount Raised

€250 Million

Round Type

series d

ParisFood And BeverageAgriculture and FarmingBiotechnology

Description

Innovafeed, a leader in the production of insects (Hermetia Illucens) for animal and plant nutrition, today announced it has raised US$250 million in Series D funding. This round, led by Qatar Investment Authority (QIA), also includes existing investors Creadev and Temasek, and new strategic and financial investors: global agribusiness leaders ADM and Cargill – both of which have strategic partnerships with Innovafeed – as well as Future French Champions, ABC Impact, IDIA Capital Investissement and Grow Forward.

Company Information

Company

Innovafeed

Location

Paris, Ile De France, France

About

Innovafeed is a global biotechnology company and a leader in the production of insects (Hermetia Illucens - black soldier fly) for animal and plant nutrition created in 2016 by three co-founders: Aude Guo, Bastien Oggeri and Clément Ray, all driven by the ambition to find innovative and disruptive solutions to the challenges posed by the global food system. It develops disruptive technologies that reproduce nature’s processes on an industrial scale. By building a circular and zero waste agri-food chain replicating the insect’s natural role, Innovafeed is reinventing our way of life with higher quality, sustainability and resilience, for everyone. Its wide range of products includes insect protein for aquaculture; insect oil for pigs and poultry; and 100% natural fertilizer from insect droppings. Innovafeed also offers its protein and oil for pet food. Innovafeed boasts over 350 pragmatic dreamers for whom performance and positive impact must go hand in hand to shape the world we will leave to future generations. To learn more, visit innovafeed.com/en.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech