Toulouse. Specialized in insect breeding, this company is moving up a gear
Through Hugues-Olivier Dumez
Published on
Nothing stops him ! Installed at Toulouse, the society Agronutris announcement in a press release, Thursday, September 30, 2021, a lifting of 100 million euros.
Specializing in the breeding and processing of insects for food, the company will invest in its first industrial unit in Rethel (Ardennes) by the end of 2022.
An ambition
The objective is also to “finance the establishment of a second larger site”, continues the company.
This fundraising gives us the means to start a new stage in our development, but it is also recognition of the progress made by the company over the past 10 years. It marks a very rapid year for Agronutris where we were notably the first company authorized in Europe to market insects for human consumption.
Fly breeding and processing
The first productions will focus on the breeding and processing of the black soldier fly, intended for the aquaculture and petfood markets.
The Toulouse-based company believes that this sector is set to experience accelerated development in the years to come, because of the challenges for humanity.
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