on March 4, 2019
Ynsect raises capital for insect protein expansion
French company secures $125 million to scale up production
As new guidance is published for the production of insect proteins, French-based technology firm, Ÿnsect, has raised US$125 million (EUR110 million) to scale up production by investing in new facilities in Amiens, France, with the view to expansion in international markets, including North America.
In what Ÿnsect claims to be…