Inseco
Insect protein company using the power of Black Soldier Flies to convert low-value organic by-products into insect-based proteins, lipids, fertiliser and chitosan.
Location: South Africa
Website: https://inseco.co.za/
Sector: Agriculture & Food
Funding Stage: Seed,
Total Funding ($m): 5.3
# of Founders: 2
Founding Year: 2017
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2022 | $5.3m | Seed | Futuregrowth Asset Management, E4E, Oak Drive Ventures, Angel Investors |
Seed $5.3m
Futuregrowth Asset Management, E4E, Oak Drive Ventures, Angel InvestorsNews
https://www.bloomberg.com/news/articles/2022-04-21/biggest-insect-plant-in-southern-hemisphere-raises-seed-funding