NextProtein

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NextProtein is an agritech startup producing insect-based protein for animal feed, using food waste and Black Soldier Fly larvae to create sustainable alternatives to fishmeal and soy. The startup is scaling operations to meet global demand for low-impact, high-efficiency protein sources in aquaculture, poultry, and pet food


Location: Tunisia
Website: http://nextprotein.co/
Sector: Waste
Funding Stage: Series A, Series B,
Total Funding ($m): 31.9
# of Founders: 3
Founding Year: 2015
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2020$11.2mSeries ABlue Oceans Partners, Telos Impact, RAISE Impact, Mirova, Althelia Sustainable Ocean Fund, Kepple Africa Ventures, Aucfan Incubate Inc
2025$20.7mSeries BSwen Capital’s Blue Ocean Fund and British International Investment (BII)
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Mohamed Gastli
Co-Founder & CEO
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Series A $11.2m
Blue Oceans Partners, Telos Impact, RAISE Impact, Mirova, Althelia Sustainable Ocean Fund, Kepple Africa Ventures, Aucfan Incubate Inc

Series B $20.7m
Swen Capital’s Blue Ocean Fund and British International Investment (BII)



News
https://launchbaseafrica.com/2025/11/04/nextprotein-lands-20-7m-series-b-to-scale-insect-protein-in-tunisia/