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Protix B.V.

Theme

Agrifood

Date

23 December 2020

Investment

€ 7.5 million (convertible loan) and € 5 million in shares

Type of investment

Shares

Location

Dongen

Protix is a Dutch company that produces natural and sustainable ingredients from insects. The black soldier fly plays a significant role in this. The feed for the larvae of this fly consists of plant-based residues from vegetables and fruit from the environment. The larvae grow quickly and are rich in protein and fat. These are high-quality nutrients that are processed into feed for pets, fish, and chickens among others. This closes the food loop. These ingredients are a more sustainable option than traditional food sources such as soy, fishmeal, and palm oil. The residues left by insects, such as faeces and skins, are rich in chitin and form a natural fertilizer.

In addition to the intended impact, Invest-NL is positive about the opportunities to further scale up the company and the market, both nationally and internationally. The involvement of professional co-financiers provides Invest-NL with additional confidence. 

Agrifood

Protix B.V. - Working together for impact within the protein transition

The investment in the innovative and rapidly growing scale-up Protix is the first transaction by Invest-NL that directly contributes to the protein transition in the Agrifood sector. Kees Aarts (founder and CEO of Protix) and Rik Pantjes (Teamlead Agrifood Business Development at Invest-NL) have been working intensively together since the initial contact.

Questions about this topic? Rik is happy to help!

Rik Pantjes

teamlead Agrifood