Meet the founder: Protix’s Kees Aarts on insect ag… ‘You can’t come in with a Silicon Valley playbook and outcompete a legacy industry in 3 years’
“In the first six years, we had more failures than successes,” says insect ag pioneer Kees Aarts.
“In the first six years, we had more failures than successes,” says insect ag pioneer Kees Aarts.
Industrial-scale insect farming is not for the faint-hearted. So what business models make sense, and who is going to fund the next wave of facilities?
Funding in Novel Farming Systems—an AgFunder category spanning indoor farming, insect ag, aquaculture, and algae production—fell off a cliff last year.
Technology that eliminates the earthy color, flavor and aroma of crickets could unlock new opportunities in human food markets, claims US-based startup Hoppy Planet Foods.
If you’re farming edible insects for protein, scale is the name of the game, says Singapore-based startup Insectta. But if you’re mining bugs for higher-value functional ingredients, even a tiny startup can potentially compete on the global stage with the right technology.
French startup Ÿnsect has signed a memorandum of understanding (MOU) with Korean food company LOTTE to explore human food applications for edible insects.
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International Fresh Produce Association launches year 3 of its produce accelerator