[✨#Fundraising✨ ] Congratulations to Innovafeed, a leader in the production of sustainable insect-based ingredients for animal and plant nutrition, which announced on Wednesday a €250 million Series D funding round.
The goal: to accelerate their growth in Europe and the United States and strengthen their position with:
• Long-term financial partners alongside global agri-food leaders (ADM, Cargill) to support Innovafeed's growth
• Enhanced expertise with the appointment of a COO and a General Manager for the North American region.
• The creation of an Impact Committee to place sustainable development and social impact at the heart of Innovafeed's strategy
We are very proud that Bastien Oggeri, co-founder of Innovafeed, a member of our selection committee and a CentraleSupélec alumnus, is the patron of the new cohort of startups that have just joined the 21st accelerator.
"As the preservation of our resources and environment becomes an absolute priority, we are convinced that the insect industry is a key sector for our planet. The trust shown by our partners through this funding round strengthens our ambition. Their support will enable us to accelerate our deployment in service of an increasingly healthy, natural, and sustainable food system," said Clément Ray, Co-founder of Innovafeed.
.png)
