Last week, Enterra Feed Corporation, an insect farming business from Canada, announced its latest round of funding and plans to construct three new insect factories in Canada and the US.
This round was led by OS Fund, which, according to its website, “finances and supports inventors and scientists who are working on audacious breakthroughs to solve the greatest issues and opportunities facing humanity today.”
This values the company at $117 million making AgriProtein not only one of the best-funded insect farming businesses globally with around $30 million raised to-date but the most valuable, according to its founders.
