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Food and Agriculture Tech Series B Founded 2015

nextProtein

nextProtein produces sustainable insect-based protein for animal feed, addressing resource scarcity with minimal carbon footprint. The company processes insect-based protein at lower cost with equivalent nutritional value, using otherwise unconsumed organic waste as feedstock for black soldier fly larvae. Founded in 2015 and headquartered in Paris, France, nextProtein has raised approximately $33.3M in Series B…

📍 Paris, France · Insect Farming Tech,

Funding snapshot

Last roundSeries B
Amount$21M
Date4 November 2025
Total raised$33M
Team size40

About

nextProtein produces sustainable insect-based protein for animal feed, addressing resource scarcity with minimal carbon footprint. The company processes insect-based protein at lower cost with equivalent nutritional value, using otherwise unconsumed organic waste as feedstock for black soldier fly larvae. Founded in 2015 and headquartered in Paris, France, nextProtein has raised approximately $33.3M in Series B funding from investors including Blue Oceans Partners, Mirova, British International Investment, EBRD, and Kepple Africa Ventures. The company's vertical farming approach to insect protein production enables rapid biomass conversion from organic waste, producing protein meal and organic fertilizer simultaneously while requiring significantly less land and water than conventional protein sources.

Business model

Insect Farming Tech > Insects > Insect based Products > Proteins > Animal Feed > Diversified,

Food Tech > Novel Foods > Food Products > Alternative Proteins > Insect Based

Institutional investors

Blue Oceans Partners Telos Impact RAISE Althelia Funds Kepple Africa Ventures Aucfan Mirova Kima Ventures Angelsquare Anaxago British International Investment Climate KIC Emigrant Capital EBRD Caphorn

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