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Ynsect

Ynsect

Ynsect is a company that develops ingredients for aquaculture, pet food and fertilizer using insect protein.



As of February 2019, Ynsect had raised $175m in funding. Ynsect plans to construct a production farm in Amiens, Northern France and a factory in North America. The farms will be run by robots. The type of mealworm beetle raised by Ynsect is used in fish food, pet food and plant fertilizer. 



The company expects that their farm will produce about 20,000 tons of protein per year on an automated farm that uses machines to feed, monitor and harvest the insects as one-inch larvae. The larvae are boiled and processed into a brownish powder which can go into food for shrimp, salmon and trout. The company has a smaller scale production already in Burgundy where it uses sensors and predictive mathematical models for automation. 





Timeline

February 21, 2019

Series C

$125m in a financing round, led by Astanor Ventures. The financing will fund a production site in Amiens, France.

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People

Name
Role
LinkedIn

ALEXIS ANGOT

SECRETARY GENERAL



Antoine Hubert

CEO



BENJAMIN ARMENJON

BUSINESS DEVELOPMENT DIRECTOR



FABRICE BERRO

FARMING R&D DIRECTOR



FRANÇOISE LESAGE

CHIEF FINANCE OFFICER



JEAN-GABRIEL LEVON

VICE-PRESIDENT



NATHALIE BEREZINA

TRANSFORMATION R&D DIRECTOR



THIBAULT DU JONCHAY

CHIEF INDUSTRIAL OFFICER



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