Paris-based Ynsect bugs out, acquires Dutch agTech Protifarm

Paris-based natural insect protein maker Ynsect has acquired Ermelo, Netherlands-based mealworm-ingredients-for-human-food maker Protifarm. No financials were provided, however, Protifarm’s lead investors Marvesa and P.O.T BV will become shareholders of Ynsect through the transaction. Through the acquisition, Ynsect is reporting the addition of a third production site which will ultimately deliver on the firm’s long-term strategic […]

Insect farming startup Ÿnsect tops up Series C round to $372 million

Ÿnsect, a French startup farming insects to improve food production, has raised $224 million in further funding, bringing its Series C round to $372 million with Robert Downey Jr.’s tech funding initiative joining the round. Ÿnsect farms mealworms that produce proteins that can be used in animal feed and fertilisers and is building what it’s […]

Serbian agtech startup agremo raises $600,000 to enhance its ‘precision agriculture platform’

Belgrade-based Agremo, the creator of an agricultural sensing and imagery analysis platform for drone and remote sensing operators, has raised $600,000 in a round led by South Central Ventures and joined by Startlabs. Agremo essentially offers a cloud-based software platform for agribusinesses, crop growers and anyone interested in crop and land status and health, drawing […]