Protix, a Dutch leader in insect-based food ingredients, has secured €50 million to expand internationally and enhance its research and development efforts.

Information on the Target

Protix is a pioneering company specializing in the production of insect-based ingredients, particularly utilizing black soldier fly (BSF) larvae. Founded in 2009, Protix feeds these larvae with organic waste from the food industry, transforming them into sustainable protein and fat sources. By doing so, the company addresses pressing challenges in livestock farming, namely the reliance on fish meal and soy, which contribute to overfishing and deforestation. With its innovative approach, Protix aims to close the food cycle and promote environmental sustainability.

Industry Overview in the Target’s Specific Country

The insect protein industry is rapidly evolving in the Netherlands, with increasing recognition of its benefits as an alternative source of animal feed. The country has emerged as a leader in this sector, supported by favorable regulations and a growing number of startups focused on sustainable food systems. Insect farming presents a unique opportunity to mitigate environmental strains caused by traditional protein sources.

In 2021, the European Union set forth regulations that facilitate the use of insects in feed, contributing to a more circular economy. The Netherlands is at