Turnover: ()

Country: France

  • Created in 2016 by Aude Guo and Clément Ray, the company is developing a technology to raise The Hermetia Illucens fly to produce animal feed.
  • The company is raising €140 million in November 2020 to finance its development
  • Two production sites in France and one in the USA
  • 350 employees


Innovafeed raises flies on a production line in the Somme with AI 09/05/2023

  • French start-up specialized in insect-based protein production, launched seven years ago.
  • Innovafeed's technology uses the black soldier fly (Hermetia illucens) to create animal and plant proteins.
  • Innovafeed has raised up to €450 million from investors including US food giants Cargill and Archer-Daniels-Midland Company (ADM), the Qatar Fund and the Mulliez family.
  • The black soldier fly used by Innovafeed can multiply its weight by 10,000 in just two weeks.
  • The company has secured one billion euros in contracts between now and 2030.
  • Innovafeed has invested 25 million euros in the extension of its Nesle site, which should reach over 50,000 m2 of floor space on completion.
  • Innovafeed plans to replicate its model in Illinois, USA, with the opening of a plant in 2024.

Innovafeed insects ready to feed fish and poultry 20/09/2022

  • The French start-up is positioning itself on the backyard chicken feed market in the United States.
  • It made a name for itself by breeding beetles to produce powder used in feed for farm animals and pets
  • Acquisition of Jord Producers, an American company that raises mealworms and sells them whole (live or dried) to backyard hen owners.
  • market estimated at 400 million euros in the U.S
  • Ÿnsect has raised over 360 million euros since its creation in 2011
  • plant producing insect-based ingredients for animal feed near Amiens, France

Studies mentioning this company